The lending agreement for UX Chain has announced its shutdown, and users must clear their positions by April 30

According to a post from the official UX Chain X account (@ux_xyz), the UX Chain platform has announced the launch of a shutdown plan, requiring users to clear all open positions before the full liquidation starts on April 30. The protocol is expected to be completely shut down by May 15.

UX reserves and financial funds will be used to cover the funding gap of the protocol, and specific details will be announced in the UX governance forum.