Huo Xing Finance reports that, following the migration of the top decentralized application Ether.fi to Optimism, the Ethereum Layer-2 network Scroll experienced significant capital outflows, resulting in a $160 million decline in total value locked (TVL) and an estimated annualized fee loss of $13 million. Scroll has announced plans to propose the dissolution of its decentralized security committee and reduce DAO membership to lower operational costs, transferring network control to its internal team. Additionally, shortly after the protocol migration, Scroll temporarily increased network gas fees by 1,280 times, causing users to pay over $50,000 in excess transaction fees—a condition that has since been normalized. Following these adjustments, Scroll’s TVL has dropped to approximately $23 million. The official team states that all contract changes will remain transparent and verifiable on-chain.Source:Show originalDisclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.

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