THELOGICALINDIAN - Noncustodial crypto barter Aphelion which operates a badge with the aforementioned name appear bygone that it was closing bottomward its mainnet platform
NEO-Based DEX Platform Closed Down
In fact, Aphelion halted the trading casework on all pairs above-mentioned to accouterment any accessible announcement. On Monday, October 7, traders could no best accessible positions on Aphelion’s peer-to-peer (P2P) trading platform, except for the NEO/GAS pair. Instead, they could see the afterward notification:
The official advertisement came beforehand today, with Aphelion cogent its disappointment. Interestingly, the platform’s Medium and Facebook profiles were afresh deleted. Nevertheless, the Twitter column is still live.
Before the suspension, traders could accessible positions on 16 NEP-5 tokens traded adjoin NEO, GAS, SDUSD, and APH. The closing is Aphelion’s built-in token, which comatose over 50% afterwards the account and over 80% back yesterday.
For those unfamiliar, NEP-5 tokens are agenda tokens congenital on the NEO blockchain application the NEP-5 accepted (NEO Enhancement Proposals).
Aphelion Token is Now Useless
While APH didn’t accomplish any faculty off the built-in platform, the badge is now absolutely useless. Traders acclimated to authority the badge to pay fees on the DEX platform.
The badge has absent 99.9% of its amount back its aiguille in May 2024 and has been in chargeless abatement back then.
It seems that the belvedere had some affairs to survive. Last month, it appear an update, advance to v.4.1.0 and amalgam ERC-20 tokens into the Aphelion wallet. The closing supports BTC and NEO-based tokens.
However, the advancement was developed for alone about a month, as Aphelion is now bankrupt down. Some traders accept that it was addition betray closing its doors.
Do you anticipate Aphelion was a scam? Share your thoughts in the comments section!
Images via Shutterstock, Twitter @bazzingaaaaa
