1/ We’ve made the decision to wind down OG30. As we execute on our roadmap, we need to stay focused and allocate resources to the products and partnerships where we see the strongest traction and long-term potential. While OG30 was an important experiment for OpenDelta, it hasn’t reached the scale we hoped for and maintaining it would take resources away from that focus. 🧵

2/ OpenDelta’s mission is evolving toward asset management-as-a-service for strong brand partners. Our focus is now on NX products built together with Nansen, starting with NX8.

4/ After the grace period ends: • All underlying constituents will be converted to USDC, effectively fixing the final value of OG30 • This establishes a final reference price Users will be able to unstake and to sell (redeem) OG30 at this price at any time going forward, until all OG30 has been fully burned.

6/ We want to thank everyone who supported OG30. Every product we ship teaches us something — and OG30 helped shape the infrastructure and learnings behind what comes next. Back to building.