Venus will close the vSXP market on May 11, and users are required to withdraw their funds in advance.
Foresight News reports that the lending protocol Venus Protocol has issued an announcement stating that its vSXP market will cease operations after May 11 due to a lack of oracle support and continued decline in liquidity, making pricing impossible after that date.
Venus Protocol reminds users to close all vSXP market positions and withdraw funds before the May 11 deadline. Venus will not be responsible for any funds not withdrawn after May 11.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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