Eden Network has officially ceased operations, while also immediately stopping the provision of Eden RPC, Eden Bundles, and Mempool Stream services.
Users are advised to switch to alternative solutions like Flashbots Protect and Blocknative Mempool Explorer. At the same time, Eden Network is conducting the EDEN Token buyback program at a fixed rate of 0.00001506 ETH/EDEN, with a total value of 2,000 ETH.
MAIN CONTENT
Eden Network officially ceases operations and stops providing products.
Users are advised to switch to Flashbots Protect and Blocknative Mempool Explorer.
The EDEN Token buyback program has a total value of 2,000 ETH, with a deadline of September 30th.
What is Eden Network and why did they cease operations?
Eden Network previously provided transaction support services on Ethereum such as Eden RPC, Eden Bundles, and Mempool Stream. Their cessation of operations marks the end of these services in the cryptocurrency market.
As of August 13, Eden Network officially shuts down all products, requiring users to seek alternative solutions to ensure uninterrupted trading.
What alternative products should Eden Network users switch to?
Flashbots Protect and Blocknative Mempool Explorer are recommended as alternative solutions that users of Eden Network should use to continue monitoring and protecting transactions on the Ethereum network.
These platforms provide similar features to Eden to support transaction data transparency and minimize front-running risks, catering to the needs of investors and developers on the Ethereum Network.
How does the EDEN Token buyback program work?
Eden Network will buy back a maximum of approximately 133 million circulating EDEN Tokens at a fixed rate of 0.00001506 ETH/EDEN, equivalent to a total value of about 2,000 ETH.
This buyback program will end at 23:59 on September 30th UTC. Users in the U.S. are not allowed to participate in the program.
"We are committed to protecting user interests during the termination process through a transparent and reasonable Token buyback program."
Eden Network representative, August 2024
Frequently Asked Questions
When did Eden Network cease operations?
As of August 13, 2024, Eden Network officially ceases its services.
How to replace Eden Network's services?
Users should switch to services like Flashbots Protect or Blocknative Mempool Explorer.
What is the deadline for the EDEN Token buyback program?
The deadline for receiving Token buybacks is 23:59 on September 30, 2024, UTC.
Can U.S. users participate in the EDEN Token buyback?
Users in the U.S. are not eligible to participate in this program.
What is the buyback rate for EDEN Tokens?
The buyback rate is fixed at 0.00001506 ETH for each EDEN Token.
Source: https://tintucbitcoin.com/eden-network-dong-cua-mua-lai-token/
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