Wu said that the decentralized finance platform Synthetix announced a full migration to the Ethereum mainnet, with deployments on Arbitrum and Base scheduled to be completely shut down by July 7: New deposits to the Base LP treasury were closed on June 12, and from June 30, leveraged tokens and Perps contracts will enter redemption/closure mode, with unwithdrawn funds at expiration automatically returned; previously, its Arbitrum had been disabled, and users must liquidate and withdraw collateral assets within 6 months.