Core Viewpoint - The DeFi derivatives protocol Polynomial has announced its cessation of operations, indicating a significant shift in the market landscape for decentralized finance products [1] Group 1: Operational Changes - Polynomial will cease operations starting February 14, 2023, entering a winding down phase [1] - The closure will include shutting down Polynomial Chain and Polynomial Trade, with forced liquidation scheduled for February 18, 2023 [1] - The liquidity layer will be closed on February 24, 2023, and the chain will stop running on March 3, 2023 [1] Group 2: Future Plans and Token Issuance - Polynomial has canceled its previously planned Token Generation Event (TGE) set for Q1 2026, stating it does not wish to issue tokens for a product that is about to be discontinued [1] - The team will retain participant data and offer early supporters priority access to future products from a new company [1]