According to CoinMeta, Wu said that high-yield stablecoin protocols ebisu and finance have announced the cessation of operations, have paused the minting of ebusd, and have requested users to close their remaining trove deposits, withdraw stability and pool funds, as well as liquidate their ebusd and DEX holdings. The front-end of these platforms will be taken offline on October 30th. The team stated that they were never able to increase the liquidity of ebusd and generate sustained demand for it; attempts to adjust the settlement mechanism, expand multi-chain collateral assets, launch structured leverage products, and seek acquisitions all failed to resolve this issue. ebisu will not issue any new ebisu tokens, nor will any airdrops be provided to holders of xebisu or those participating in the liquity and v2 fork activities. xebisu holds no monetary value.