According to Deep Tide TechFlow news, on August 13, ETH infrastructure service provider Eden Network announced the cessation of operations. The project will distribute a reserve fund of 2,000 ETH to EDEN token holders through a token exit plan. The exit plan will last until September 30, 2025, with an exchange rate of 1 EDEN = 0.00001506 ETH.
Eden Network was originally Archer DAO, established in 2020, primarily providing maximum extractable value (MEV) yield services for ETH miners. After the ETH merge, the project transitioned to an MEV-Boost relay operator, but was unable to maintain operations due to increased market competition and rising operating costs.
The project team has terminated all related services, including Eden RPC, Eden Bundles, and other products, and has recommended users turn to alternative services such as Flashbots. This exit plan is only available to non-U.S. residents, and the project team has destroyed all uncirculated tokens.
