ABSTRACT ANNOUNCES NETWORK SHUTDOWN ON 15/12/2026
If you still have assets on @AbstractChain, make sure to move them out before the deadline.
According to reports citing the announcement, any assets that haven’t been bridged off the network will become inaccessible after the chain shuts down.
The reasons given were slowing growth, thin liquidity, and an unsustainable model focused on consumer crypto. CEO Luca Netz said Igloo had taken losses of tens of millions of dollars to maintain Abstract. The team decided not to issue a token and continue funding the network when they weren’t convinced there was real demand for one.
For those of you who’ve been farming XP all this time, this is undoubtedly disappointing news. After all that effort waiting for an airdrop, the first thing to do now is check your assets and move them all out.
Get the migration link directly from @AbstractChain’s official channels, and avoid any fake links in comments or messages.
#AbstractChain
If you still have assets on @AbstractChain, make sure to move them out before the deadline.
According to reports citing the announcement, any assets that haven’t been bridged off the network will become inaccessible after the chain shuts down.
The reasons given were slowing growth, thin liquidity, and an unsustainable model focused on consumer crypto. CEO Luca Netz said Igloo had taken losses of tens of millions of dollars to maintain Abstract. The team decided not to issue a token and continue funding the network when they weren’t convinced there was real demand for one.
For those of you who’ve been farming XP all this time, this is undoubtedly disappointing news. After all that effort waiting for an airdrop, the first thing to do now is check your assets and move them all out.
Get the migration link directly from @AbstractChain’s official channels, and avoid any fake links in comments or messages.
#AbstractChain
