Golden Finance reported that the Conic team announced that it would stop providing services, marking the official termination of the project. Although the team has been working on developing the new version over the past few months and working with auditors, the failure to address key issues in the new version has led to the team's lack of confidence in releasing the new version. During this period, some core members chose to leave, further exacerbating the dilemma of the project. After careful consideration, the remaining team decided to stop the Conic project.