Solana ecosystem DEX LiFinity decides to gradually shut down and allocate $43.4 million in assets to token holders The Solana ecosystem DEX LiFinity has decided to gradually cease operations due to fierce competition from prop AMMs, and the related proposal has been passed by almost all votes. The Lifinity DAO's approximately $42 million treasury assets and the team's remaining $1.4 million development funds will be integrated into USDC and distributed to LFNTY token holders. The community estimates that each token can earn $0.90 to $1.10. It is recommended that holders convert to xLNFTY, and the redemption function is expected to be launched in about 9 days after passing the Sec3 audit. Since its launch in February 2022, the cumulative trading volume of this agreement has exceeded 149 billion US dollars.