Bollcoin, October 29 — Ethereum liquid staking protocol Diva Staking announced it will wind down and will not launch on mainnet. Diva said the team ran out of funds in mid-2024, after which three members continued development for about two and a half years without income or salary, but ultimately could not sustain it. Users who pre-deposited into the early staking vault can withdraw funds from Enzyme. Diva said it launched on Hoodi this summer and ran for four months without fail, but no major participants were willing to help bootstrap the mainnet, and the team could not afford new audits or the cost of launching and maintaining a complex protocol. Diva is concerned that AI makes it easier to find vulnerabilities and that complex systems may bypass audits and put user funds at risk, so it chose not to risk a launch. Diva also said the market favors compliance, ETFs and regulation, putting decentralized protocols at a disadvantage.