Step Finance and SolanaFloor Shut Down After Devastating Hack

Step Finance and SolanaFloor, two early Solana ecosystem platforms, have announced they are shutting down operations effective immediately after the treasury hack that hit Step Finance at the end of January. Step Finance said it explored financing and acquisition options after the breach but could not secure a viable path forward.   A Tragic End to Solana’s Early Ecosystem Platforms The shutdown also includes Remora Markets, another Step-linked platform.   Step said it is working on a buyback for STEP holders using a pre-incident snapshot and a redemption process for Remora rToken holders, adding that Remora tokens remain backed 1:1 source: https://beincrypto.com/solana-early-pillars-step-finance-solanafloor-shut-down/