The ETH infrastructure service provider Eden Network has 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 failed to maintain operations due to increased market competition and rising operational costs. The project has terminated all related services, including Eden RPC, Eden Bundles, and other products, and has recommended users switch to alternative services like Flashbots. This exit plan is only available to non-U.S. residents, and the project has destroyed all uncirculated tokens.

#DAO #ETH