Via Protocol Announces Disconnection and Plans to Open Source Code Due to Financial Constraints

According to PANews, Via Protocol, a cross-chain liquidity aggregation protocol, has announced that its router has disconnected from the network, with the specific timing unknown. The company has cited financial issues as the reason for this disconnection, stating that it can no longer afford the server costs. In light of these financial constraints, Via Protocol has revealed plans to open source its code in the near future. This move is expected to allow the wider tech community to access and potentially improve upon the protocol's existing framework. The exact timeline for this open-sourcing initiative has not been disclosed yet. The disconnection of Via Protocol's router from the network could potentially impact the protocol's operations and its users. However, the company has not provided any further details on the implications of this disconnection or any potential solutions. The decision to open source its code could be seen as a strategic move to ensure the protocol's survival and development, despite the financial challenges it is currently facing.