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the platform appears to continue operating, it is almost impossible to deploy other new features as control has been revoked.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：时讯)

• ·欧意交易所下载安装 十大币圈交易平台app盘点
• ·全球顶尖SOL币APP官网_福利多SOL币APP汇总
• ·实木踢脚线价格全解析，每米多少钱？实木踢脚线多少钱一米
• ·鼎盛收藏币交易平台
• ·250毫克等于多少克？一算就懂！250毫克是多少克
• ·十大正规平台 玩滚球的十大正规平台
• ·西安和平村在哪里
• ·火币的借币
• ·25年前比特币软件_区块链投资平台排名
• ·国际顶尖ARB币安装包盘点_可靠ARB币安装包推荐
• ·黄鹤楼地址在哪里啊
• ·全球热门加密币价格apk官网_免费正规加密币价格apk交易量排名
• ·2025年哪些币值得埋伏(2025十大潜力虚拟币名单)
• ·结转成本费用为什么利润在借方
• ·最新排名 币圈交易平台app排名榜单
• ·废铜回收价格行情速览_废铜回收多少钱一斤