According to Foresight News, Kyber Network has announced that it will temporarily suspend its Gas Refund Program V1 starting from July 2. The company has indicated that the program may be relaunched with a different design in the future.
The Gas Refund Program V1 by Kyber Network was initially implemented in July 2023. The details of the new design or the timeline for the relaunch of the program have not been disclosed yet. The reason for the temporary suspension of the program is also not mentioned in the announcement.
Kyber Network is a blockchain-based liquidity protocol that allows decentralized token swaps to be integrated into any application. Its Gas Refund Program V1 was a significant part of its operations. More updates are expected to follow regarding the future of the program.
