Liqui announced on Monday, January 28, the cessation of activities due to the inability to provide liquidity and the lack of further economic sense in their work.
The corresponding statement is posted on the main page of the exchange.
According to representatives of the project, the company has previously changed the rules of service, allowing users to decide whether to continue to use its services.
Much to our regret, after this step Liqui is no longer able to provide liquidity for the Users left. We also do not see any economic point in providing you with our services. However, we do not want to return to where we were a month ago. Hence, we decided to close all accounts and stop providing our services. It broke our hearts to do that.
Users are given 30 days to withdraw funds, after which the exchange can not guarantee that it will continue to serve the site.
It is also noted that users who leave their assets on the exchange will be charged a daily fee.
At the same time, Liqui says it can “return,” but this will depend on market conditions.