diff --git a/haveno-frontend.md b/haveno-frontend.md
index ee83c12d49a772f17e124f671f40702259589b76..aee9455a4f46be920a2f4f94d73b17c432b5a4a6 100644
--- a/haveno-frontend.md
+++ b/haveno-frontend.md
@@ -1,5 +1,5 @@
 ---
-layout: wip
+layout: cp
 title: Haveno frontend development
 author: Haveno
 date: Mar 16, 2022
@@ -32,6 +32,20 @@ payouts:
     amount: 151
 ---
 
+
+## Proposal closure / Repurposing of funds (3rd Sep, 2024)
+
+- The proposed structure for Haveno is no longer feasible.
+- No progress has been made in 2 years.
+- A developer (kewbit) has stepped forward to work on the project.
+- Due to these reasons, this proposal is deemed void and the remaining 453XMR will be repurposed.
+
+215XMR will be used to fund a [Haveno Multi-Platform Native App For Every OS](https://repo.getmonero.org/monero-project/ccs-proposals/-/merge_requests/489) that will meet all the [functional requirements](https://github.com/haveno-dex/haveno-design/blob/master/functional_requirements.md) of a Haveno UI.
+
+The remaining funds will be used for further Haveno front end related work in keeping with the original goals of this proposal (at the communities discretion)
+
+---
+
 Hello again everyone. As promised, after improving Haveno's structure, we come back with a new (much cheaper) CCS proposal.
 
 For a complete picture and all details, [see our initial proposal](https://repo.getmonero.org/monero-project/ccs-proposals/-/merge_requests/284), which assumed the old structure with centralized operators.