DeFi Project Closes Amidst Funding Shortfall

ZarOS, a DeFi-focused project, has announced the closure of its operations due to the inability to secure sustainable funding. The team explored various strategies for addressing their financial challenges for five months, including exploring transformation alternatives and extending funding runways, but ultimately failed to overcome the difficulties. 2 key factors played a role in the project’s downfall: a monolithic product launch, which hampered integration with existing liquidity sources, and premature token issuance that didn’t align utility with value, further hindering funding options.