The simple answer is no, this is not the end of Subeta.
Longer answer: we're also having problems loading the forums, and also our admin panel. If we are able to get things to work, we're doing things like answering tickets and solving problems that aren't related to the lag.
The art team are working as usual, on Vesnali, battle challengers and pets. Right now it's difficult to add things to the site, so we're all frustrated, and our programmers are working hard with a lot of pressure on them. They haven't got the time to keep stopping and giving information every day - I know there's been updates this week, but we can't do this every day as we're too busy trying to FIX things.
Throw in the current pandemic (that some of us are first responders on, or are even sick from) and it's a traumatic time for everyone right now. We're doing our best, but we're tired and panicked and it's not going the way any of us would like.
We apologise for the mess, the lag, the frustration and the spoiling of Masquerade, and we are continuing to try and fix this.