The zkSync ecological perpetual contract protocol Phezzan Protocol has decided to shut down and will open source its code on GitHub

ChainCatcher news, zkSync ecosystem decentralized perpetual contract protocol Phezzan Protocol tweeted that after multiple discussions, the team has decided to shut down Phezzan. The Phezzan Twitter account will never be updated again, and the Phezzan Discord will be closed within 24 hours. Additionally, the Phezzan code will be open-sourced on GitHub.

It is reported that [Phezzan Protocol](https://www.rootdata.com/zh/Projects/detail/Phezzan Protocol?k=NDI5OA==) tweeted on April 23 that a new team has taken over the Phezzan Protocol project, which will assume the management role of the project and will conduct an IDO as soon as possible to address operational funding issues. (Source link)