TechFlow News, June 2. According to an official announcement, the on-chain super app 0xPPL has announced its phased shutdown. The timeline indicates that trading will be disabled starting June 6, and the app will fully cease operations by June 30. 0xPPL urges users to export their private keys or withdraw all funds from their wallets to other wallets before the app shuts down to ensure continued access to their assets.
0xPPL states that user funds are secure; PPL Wallet users can open the app, navigate to Settings, and use the wallet export tool to recover their mnemonic phrase and transfer funds to any wallet of their choice. 0xPPL explains that the market it bet on failed to materialize within the required timeframe, prompting the decision to wind down the product in an orderly manner.
