PANews reported on January 19th that Trove recently announced it will abandon its deployment plan on Hyperliquid and instead rebuild its TROVE token and perpetual contract DEX on Solana. Previously, liquidity providers supporting Hyperliquid withdrew 500,000 HYPE tokens, leading to the project's strategic adjustment. The TROVE token's TGE expiration has been postponed to 24:00 (UTC+8) on January 19th. The project team will arrange approximately $2.44 million in refunds for some ICO participants, which will be transferred to a multisignature account for subsequent distribution.
Trove has rebuilt its DEX on Solana, and the launch date for the TROVE token has been delayed to January 19th.
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