Decentralized finance (DeFi) protocol Tropykus has announced the planned retirement of its Rootstock (RSK) network lending platform. The measure, announced on April 27, 2026, means an immediate suspension of new deposits and credits, and a three-month period for users to withdraw their capital.
The group said code structures designed five years ago were behind the level of security required by today’s technological environment.
The decision to suspend service was made following a security report from Money on Chain, a strategic partner of the project. This report identified potential vulnerabilities in smart contract systems.
The Tropykus team assures that there was no attack or loss of funds, but claims that the “nearly immutable” nature of the software (code cannot be changed once deployed) makes it impossible to fix these weaknesses without moving to new infrastructure.
Mauricio Tovar, co-founder of Tropykus, explained to CriptoNoticias that the context in which this protocol was born was fundamentally different from the current one.
Current architectures don’t have that flexibility. Because it was designed over five years ago and the reality was different. Currently, we are making this decision because there is no possibility of evolution. We’re currently leveraging all of the learnings and new technology we’ve learned in recent years to explore what we can do in the future, but it’s not necessarily realistic to commit to version 2 at this point.
Mauricio Tovar.
Departure schedule is decided The deadline to interact with the front end or web interface is July 27, 2026. Considering the questions about where the funds will go after this closure, Tovar clarified that users can continue to operate directly on the smart contract, since only the visual support of the page will be closed, but he recommended not waiting until the last moment.
Those who do not close their loans by July 27th will be able to directly interact with the smart contract to close their loans, as only the front end will no longer be supported on that date. We provide guidance on how to continue operating in accordance with your contract. This is a bit complicated, but you can proceed. The easy way is to do it before July 27th.
Mauricio Tovar.
Regarding the exit mechanism, Tovar noted that users are opting for a gradual liquidation strategy. In this way they use part of the collateral and They convert it into dollars to pay off part of their debt and repeat the same process Until the loan is released. As CriptoNoticias reported at the time, this manual control aims to ensure an orderly exit in a market that is currently losing one of the region’s most prominent unbanked savings options.
The team is looking forward to an AMA scheduled for April 29th, where we hope to dig deeper into these answers. Tovar emphasized the community’s stance, describing it as “constructive and critical” and stressing that the current objective is to analyze an architecture that can evolve flexibly over time and avoid falling into the rigidity that necessitates this strategic pause today.
This case reflects common trends in the DeFi sector, such as the need to constantly update protocols in a rapidly evolving technological environment, especially in the Bitcoin financial ecosystem in Latin America.
(Tag Translation) Bitcoin (BTC)
