[DeFi Application Legend to Cease Operations, Official Shutdown on July 12] Foresight News reports that Jason, co-founder of the DeFi application Legend, announced on the X platform that the team has decided to shut down the company after two years of operation. The application will continue to function normally for 60 days and will officially go offline on July 12. The new user registration feature is disabled starting today, and the platform will send weekly reminder notifications to users who still have balances. The team stated that users with remaining funds on the platform must withdraw their assets before the shutdown.