The Cosmos Ecosystem UX Chain will be gradually paused and is expected to fully shut down by May 15.

BlockBeats News, April 1st, the Cosmos ecosystem lending blockchain UX Chain officially announced that it will gradually suspend operations. Users are required to close out their open positions before the full platform liquidation process starting on April 30. The protocol is expected to be fully closed by May 15. UX reserves and treasury will be used to cover the protocol’s funding gap.