Sablier Is Winding Down Development of Its Token Streaming Protocol
Ethereum's OG money-streaming platform is closing up shop, though its smart contracts will live on.
Sablier Labs, the team behind Ethereum's pioneering money-streaming protocol, announced it's halting active product development and entering maintenance mode, with co-founder Paul Razvan Berg saying there's no longer venture-scale business to be found in onchain streamed payments.
What's the Scoop?
- Users are fine: Existing streams, vesting plans, and airdrops will notably keep working, and Sablier's underlying permissionless contracts don't depend on the company. The main Sablier frontend will officially be supported through June 2028, after which it's slated to become a community-run public good.
- What broke: Berg pointed to a brutal Q1 as customers shelved token launches amid market weakness, while AI-assisted coding has made Sablier's products cheap to clone.
- The parting gift: The team fast-forwarded its BUSL-to-GPL license transition from 2029 to today, so anyone can now fork and redeploy the contracts per the new GPL.
Bankless
It’s time to break up with your bank, and join the movement for a better world.
