Friend. Tech team relinquishes control

According to The Block, the SocialFi project Friend is based on the Base network The development team of Tech executed a function on the platform's smart contract earlier on September 8th, transferring its control to a null address on Ethereum, effectively locking the current system and preventing further changes. The team clarified in the announcement on X platform:

Currently, both smart contract and website revenue are no longer flowing to the multi signature addresses of the Friend. Tech development team

Although the platform appears to continue operating, it is almost impossible to deploy other new features as control has been revoked. Abandoning protocol control is one of the ways to achieve the vision of "decentralization" for mature protocols or applications, but for a protocol with weak user base and still room for improvement in protocol functionality, it will be considered as giving up the possibility of future project improvements. Therefore, after Friend. Tech announced this news, its token FRIEND fell more than 30% in the past 24 hours, and its market value fell below $6 million.

Big Brother Ma Ji, a giant whale on the list, suffered a tragic loss

Received a friend The most deeply hurt by Tech is undoubtedly Huang Licheng, the big brother of the holding chart giant whale Ma Ji. According to a previous report by Zombiet, as of mid August, Huang Licheng has spent 5211 ETH to purchase 11.16 million FRIEND tokens. Based on current market prices, these FRIEND tokens are only worth 278 ETH (approximately $640000), resulting in a loss of over $15 million. Additionally, due to insufficient liquidity, their actual market value will be even lower.

Friend. Tech Tides Rise and Fall

Friend. Tech was launched in August last year on the Layer 2 network base supported by Coinbase, with the endorsement of well-known venture capital Paradigm. The protocol quickly sparked discussions in the community. By September 15, 2023, the daily revenue of this protocol has exceeded that of Ethereum itself. However, after the initial boom (where the development team earned at least $20 million in protocol fees), trading activity on the platform began to plummet. According to The Block's data, since June, the protocol has only earned about $60000 in protocol fees.

(责任编辑：风向标)

• ·随着人工智能的普及，审查制度日益严厉
• ·现在的虚拟币交易平台
• ·2025年内企业比特币购买量205,507枚，超新增供应量3倍
• ·商务部长 Howard Lutnick 出售 Cantor Fitzgerald 股份，放弃加密货币业务
• ·梳理以太坊基金会公开支出：已发放1.7亿美元项目资助成预算“大头”
• ·10月31日金鹰医疗健康产业C净值下跌1.18%，今年来累计下跌17.27%
• ·收入按合同金额还是实际收到金额
• ·纽约期银跌3%，金银矿业股普跌，科尔黛伦矿业跌超5%
• ·股票扫描
• ·查看矿机ip软件-查看矿机ip软件是什么
• ·独立核算自负盈亏是什么意思
• ·10月31日国联沪港深大消费主题A净值下跌1.16%，近1个月累计下跌1.83%
• ·现货钠指行情走势-钠价格走势图
• ·gof火币
• ·币圈十大交易所app 国际数字货币交易所
• ·多币种数字钱包-多币种数字钱包是什么