diff --git a/applications/mybank.md b/applications/mybank.md
index 198660b0ad2..0632ebb5adb 100644
--- a/applications/mybank.md
+++ b/applications/mybank.md
@@ -5,6 +5,7 @@
 - **Team Name:** MyBank Labs
 
 - **Payment Address(DAI):** 0xd2884f29b1aE21Cd88c51068f2C81060B58ddC1e
+- **Status:** [Terminated](https://github.com/w3f/Grants-Program/pull/343#issuecomment-908667062)
 
 
 
@@ -306,4 +307,4 @@ Currently, we have finished the basic lending pallets and deployed a test networ
 
 ## Additional Information 
 
-We have just developed the first version of the MyBank Network and have not yet accepted external donations and financing.
\ No newline at end of file
+We have just developed the first version of the MyBank Network and have not yet accepted external donations and financing.