Challenges for Degen Chain: Degen Chain, an Ethereum-based Layer-3 blockchain, has faced operational hurdles due to disputes with its service provider, Conduit. Conduit's refusal to release rollup keys has delayed Degen Chain's migration plans, highlighting the risks of relying on third-party custody solutions in blockchain projects

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Third-party custody solutions can pose significant risks for blockchain projects, as seen with Degen Chain's current challenges. The dispute with Conduit over rollup keys showcases the importance of maintaining full control over operational aspects. A valuable lesson for the decentralized ecosystem.