According to BlockBeats, on July 4, friend.tech officials stated that FRIEND has always been intended to be a token controlled entirely by the community to support the Clubs contract. Migrating supply and liquidity does not meet this original intention. Users can still create clubs, chat, buy keys, and use FRIEND in the Base of the friend.tech app. In addition, friend.tech has closed all protocol fees for BunnySwap, Clubs, and v1 smart contracts. Now, 100% of the fees will belong to traders, liquidity providers, and club chairmen in the community.
