Everclear Protocol Closure Leads to 48% Drop in CLEAR Token

Everclear has announced the termination of its protocol and associated entities, resulting in a significant decline in the value of its CLEAR token, which fell over 48% to $0.0002332 on Thursday. According to NS3.AI, the team assured that no funds are believed to be trapped as users and partners have withdrawn the remaining total value locked (TVL). The company stated that any remaining funds will be prioritized for settling outstanding liabilities. The possibility of a token buyback remains uncertain, with potential amounts ranging from $50,000 to $200,000 if it proceeds.