Omnity Network to Gradually Shut Down Operations After Running Out of Funds

Omnity Network said it will gradually stop project operations after running out of operating funds. According to Odaily, its Bitcoin DeFi products RichSwap and Satsman will cease operations within the next 30 days.The team asked RichSwap liquidity providers to withdraw liquidity as soon as possible and said it will upgrade the smart contract to remove existing lockup restrictions so users can withdraw funds without limits. It said the specific timeline and liquidity withdrawal guide will be announced soon. Support channels will remain open for 30 days during the transition to help users complete related steps. Core team members said they will continue supporting the Bitcoin ecosystem and plan to take part in related work through personal and developer collaboration.