Trove's switch from Hyperliquid to Solana has sparked discontent in the community, with some supporters demanding refunds.

avatar
MarsBit
01-19
This article is machine translated
Show original
According to Mars Finance, Trove Markets announced that it has decided to switch its development from Hyperliquid to the Solana network because its liquidity partner withdrew 500,000 HYPE tokens required for the Hyperliquid integration. Trove Markets had previously raised over $11.5 million through a token sale, originally intended for the Hyperliquid integration. This decision has drawn criticism from the community, with some supporters demanding immediate refunds. Trove Markets developer Unwise stated that the team will rebuild the DEX on Solana from scratch. The TROVE token generation event is still scheduled for Monday, but migration and refund processing will require more time. Furthermore, ZachXBT detected several unusual transfers involving HYPE.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
82
Add to Favorites
12
Comments