I was really inspired when friend.tech launched last August. When people invest in your project, you’ve got a responsibility to make it work. Quitting isn’t an option. Let’s hope that’s not the case here.

I was really inspired when friend.tech launched last August. When people invest in your project, you’ve got a responsibility to make it work. Quitting isn’t an option. Let’s hope that’s not the case here. https://x.com/friendtech/status/1833259362711986335?s=46

it sounds like the product will exist in perpetuity though? Or did I miss something and there's a suggestion it will get shut down, not just ossify and stagnate?

Not sure but what I'm seeing is that they relinquished the control over contract. 

Also, not sure what to think of this: 
"Calvin Chu, a core builder at Impossible Finance, ... expressed frustration over being “rugged” by the decision to shut down future upgradeability, which, in his view, ended any hope for further development."

The sim swap attacks and the announced then cancelled switch from Base does not look good.