The programmable derivatives protocol Plaza Finance will be closed gradually starting today

PANews reported on August 29 that the programmable derivatives protocol Plaza Finance will be gradually closed starting today. The team stated, “It is committed to building a future where assets fit perfectly into each investor’s risk-return preferences and are held and transferred on a blockchain without permission. bondETH and levETH are the first steps, and they represent different splits of ETH for different types of investors. Unfortunately, there has been no adequate interest from individual and institutional investors to hold bondETH and levETH, as well as the upcoming products bondBTC and levBTC. The team will ensure that BondETH and levETH holders can redeem smoothly and safely and switch to full-time optfun.”