Zaros DeFi Project Shuts Down Due to Funding Shortfall

The Zaros project, a decentralized finance (DeFi) initiative, has announced its discontinuation due to insufficient funding. The team shared that despite attempts to secure sustainable financing through methods like product restructuring and strategic partnerships, these efforts proved unsuccessful in the past five months. 2 key factors were cited for the project’s downfall: the full launch of the project at once rather than phases, and the timing of the ZRS token release ahead of product development which hampered initial liquidity integration and financing.