TerraformLabs will close enterprise_dao and warp_protocol as part of the bankruptcy liquidation process.
▪️ A buyer could not be found for these two protocols. For this reason, these two protocols will be closed on December 31, 2024. This transaction was announced 1 month ago.
✔️ TFL burned all #LUNA tokens in its possession as part of the bankruptcy process. It burned all the funds in the shuttle bridge. Now it is closing the protocols.
Afterwards, we expect the LUNC and USTC funds in its possession to be burned. No timetable has been announced for this, but it can happen at any time.
December 31 will be important for us. Statements will come from TFL's official accounts.
▪️ While Enterprise Dao and Warp Protocol are being closed, other transactions may have been added to the calendar...