Deri Protocol, a well-known decentralized derivatives exchange, has announced the removal of support for key networks. The move occurs after community voting to sunset support for zkSync Era, Polygon zkEVM, and Manta Network. As per Deri Protocol’s official social X announcement, the platform is doing this because of the consistently lower activity. Hence, the consumers with liquidity or open positions on the respective networks must migrate them to some other compatible chains promptly.
Deri Protocol Removes Support for zkSync Era, Polygon zkEVM as Community Passes Proposal
After the successful voting for the removal of support for zkSync Era, Polygon zkEVM, and Manta Network, Deri Protocol is officially executing this move. This will impact the consumers having funds or open positions on these ecosystems. Thus, to avoid any issues, they will need to shift such positions or liquidity to the other supported chains when prompted. Following the completion of removal, the consumers will not have any capability to add liquidity or trade it through the above-mentioned networks.
Nonetheless, the operations on the rest of the supported blockchains will keep working unimpacted. This development is occurring at a time when the platform has been experiencing considerably low activity. While discussing this, the platform’s team has appreciated the support and participation of those holding $DERI in the latest voting process.
Reducing Undue Costs to Ensure Ecosystem Sustainability
According to Deri Protocol, the voting on the proposal to eliminate the backing for the aforementioned networks concluded on the 31st of December. Now, the platform will remove support for zkSync Era, Polygon zkEVM, and Manta Network. With such moves, Deri Protocol is reportedly endeavoring to guarantee its ecosystem sustainability and eliminate undue fund expenditure.
