CandleFocus

Terra Closes Shuttle Bridge Permanently, Burns Unredeemed Tokens

Terra has closed its Shuttle Bridge and burned all remaining tokens, signaling a shift in focus towards developing its infrastructure. The Shuttle Bridge was once a critical access point for the transfer of assets across different blockchain networks. Terra encouraged users to redeem their tokens by a set deadline to ensure a smooth transition and prevent funds from being frozen. The burn of unredeemed tokens highlights Terra's commitment to efficient operations and protecting their ecosystem. This move may redirect attention to other developments within Terra Classic and beyond.

Related News