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🚨🚨🚨Urgent Update for $LUNC Holders: Shuttle Bridge Withdrawal Deadline Approaching🚨🚨🚨
Attention all $LUNC holders! Terraform Labs (TFL) has announced a critical deadline for users of its Terra Classic platform. The Shuttle Bridge, which facilitates the transfer of wrapped LUNC and USTC assets between Terra Classic and other blockchains such as Ethereum and BNB Chain, is set to close soon.
Key Details:
Deadline: The Shuttle Bridge will be open until October 30, 2024. Users must redeem their assets before this date to avoid losing them permanently. Any assets left in the contracts after this deadline will be burnedBitcoinist.comBitrabo.Final Blockchain Upgrade: As part of its transition plan, Terraform Labs has also rolled out Proposal 4818, marking its final upgrade to the blockchain. Future maintenance and development will be handed over to community-led initiatives like the Phoenix DirectiveBitcoinist.comBitrabo.Importance of Action: Given the company's ongoing legal and financial restructuring, it is crucial for users to act now. Failure to redeem assets before the deadline will result in the loss of those assets.
Steps for $LUNC Holders:
Access the Shuttle Bridge: Go to the reopened Shuttle Bridge interface to start the redemption process.Transfer Assets: Redeem your wrapped LUNC and USTC assets to the desired blockchain before October 30.Stay Informed: Keep an eye on updates from Terraform Labs and community channels to stay informed about any changes or additional steps.
By taking immediate action, $LUNC holders can ensure the safety and usability of their assets during this critical transition period.
Key Details:
Deadline: The Shuttle Bridge will be open until October 30, 2024. Users must redeem their assets before this date to avoid losing them permanently. Any assets left in the contracts after this deadline will be burnedBitcoinist.comBitrabo.Final Blockchain Upgrade: As part of its transition plan, Terraform Labs has also rolled out Proposal 4818, marking its final upgrade to the blockchain. Future maintenance and development will be handed over to community-led initiatives like the Phoenix DirectiveBitcoinist.comBitrabo.Importance of Action: Given the company's ongoing legal and financial restructuring, it is crucial for users to act now. Failure to redeem assets before the deadline will result in the loss of those assets.
Steps for $LUNC Holders:
Access the Shuttle Bridge: Go to the reopened Shuttle Bridge interface to start the redemption process.Transfer Assets: Redeem your wrapped LUNC and USTC assets to the desired blockchain before October 30.Stay Informed: Keep an eye on updates from Terraform Labs and community channels to stay informed about any changes or additional steps.
By taking immediate action, $LUNC holders can ensure the safety and usability of their assets during this critical transition period.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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