OpenSea postponed the planned March 30 token generation event (TGE) for its SEA token with no new date, saying the OpenSea Foundation will wait for more favorable market conditions. The current Treasure rewards wave will be the last; users from Seasons 3–6 may claim refunds for platform fees paid during those periods but must forfeit any accumulated Treasure to do so. Starting March 31, OpenSea will set token-swap trading fees to 0% for 60 days to drive OS2 adoption. The announcement prompted muted, sour community reactions and renewed criticism over past incentives and declining trading volumes.

The OpenSea Foundation delayed the SEA token TGE with no new date (negative for immediate token demand); it ended Treasure rewards and offered refunds only if users forfeit accumulated Treasure (could reduce expected token distribution/use); and OpenSea cut token-swap fees to 0% for 60 days starting March 31 (a concrete product/fee change intended to drive OS2 adoption). The community reaction was muted and critical, with mention of declining trading volumes — all facts from the summary.