According to Deep Tide TechFlow news, on June 14, the decentralized finance platform Synthetix announced that it will gradually phase out all Layer-2 deployments on the Base network by July 7, 2025, refocusing on the Ethereum Mainnet, and will disable Base trading and close the LP treasury. The plan will be implemented in phases.



Synthetix stated that the decision to gradually dismantle its L2 deployment stems from ongoing infrastructure instability and fragmented liquidity.
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