The DeFi platform Zaros will cease operations due to depleted funds
ChainCatcher news, the DeFi platform Zaros team tweeted that it will cease operations due to depleted funds. The team had attempted to adjust its strategy, but was unable to sustain operations due to the system's inability to access existing liquidity sources and issues with the timing of the ZRS token issuance. Additionally, neither of the two co-founders sold any ZRS tokens during this process.Previous news, on May 23, 2024, the DeFi platform Zaros completed a $1.8 million financing round, with participation from Cogitent Ventures and others.