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BurrBear Protocol Announces Permanent Closure
12/02/2025, 12:06
AI SUMMARY
●DeFi protocol BurrBear announces permanent closure due to security costs
●Users advised to withdraw assets before December 31 interface sunset
●Project faced sustainability issues following previous security challenges
The BurrBear protocol, a DeFi project based on a Balancer v2 fork, has announced its permanent closure. The team cited rising and unsustainable security costs as the primary reason for the decision, following challenges in maintaining a secure environment.
Users have been advised to withdraw their assets immediately. The protocol's interface and support channels will remain active only until December 31, after which the service will be sunset.
The closure highlights the ongoing difficulties for smaller DeFi forks in maintaining rigorous security standards amidst a high-risk landscape.