TechFlow, May 6 — Treasure DAO announced today that, following the approval of TIP-52, Treasure Chain will officially shut down on May 30, 2025. Users must bridge out their ETH, MAGIC, SMOL, and NFT assets before the deadline.
Currently, the bridge entrance to Treasure Chain has been disabled, and MAGIC-ETH liquidity has been migrated to Ethereum L1 and is now tradable on Uniswap. The team stated that its USDC reserves will last until fall 2026, and the shutdown will help reduce operational costs and accelerate product development.
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