Why did Oasis close down?

I'm curious to understand the circumstances surrounding the closure of Oasis. Could you elaborate on the reasons behind this decision? Was it due to financial difficulties, a lack of user engagement, or perhaps some other factor? Did the team make any attempts to revive the platform before ultimately deciding to shut it down? I'm also interested in knowing if there are any plans to compensate users who may have been affected by this closure, or if there are any lessons learned that could be applied to future projects. Understanding the reasons behind Oasis's closure could provide valuable insights for other cryptocurrency and finance practitioners.