Another public blockchain is about to shut down. Forma has officially announced that its mainnet is expected to close on November 5, and on-chain services will stop as well.
For users who still have assets in its ecosystem, the most important thing right now isn’t discussing why it’s shutting down, but taking immediate action to handle their assets. Here are three recommended steps:
1. Transfer your on-chain assets out via the official bridge as soon as possible. Don’t wait until the shutdown is imminent, to avoid congestion or the team closing the bridge early;
2. Check for any remaining contract approvals in your wallet and revoke them one by one, to prevent lingering authorization risks after the mainnet goes offline;
3. Save your addresses, transaction hashes, and screenshots of your holdings as records for future verification.
Small chains shutting down is nothing new in this cycle. When funding, ecosystem revenue, and long-term operating costs fall out of balance, shutting down may be the only option left to keep the mainnet running. For everyday users, this is also a lesson in risk: choosing which chain to hold your assets on is itself a decision. Instead of leaving funds idle on niche networks for a long time, it’s better to move them sooner to a major network you can truly control.
A chain shutdown doesn’t mean your assets immediately become worthless, but the window to act is limited. If you’ve seen this, remember to warn any friends who still have assets there.
#公链 #Web3 #BlockchainSecurity
For users who still have assets in its ecosystem, the most important thing right now isn’t discussing why it’s shutting down, but taking immediate action to handle their assets. Here are three recommended steps:
1. Transfer your on-chain assets out via the official bridge as soon as possible. Don’t wait until the shutdown is imminent, to avoid congestion or the team closing the bridge early;
2. Check for any remaining contract approvals in your wallet and revoke them one by one, to prevent lingering authorization risks after the mainnet goes offline;
3. Save your addresses, transaction hashes, and screenshots of your holdings as records for future verification.
Small chains shutting down is nothing new in this cycle. When funding, ecosystem revenue, and long-term operating costs fall out of balance, shutting down may be the only option left to keep the mainnet running. For everyday users, this is also a lesson in risk: choosing which chain to hold your assets on is itself a decision. Instead of leaving funds idle on niche networks for a long time, it’s better to move them sooner to a major network you can truly control.
A chain shutdown doesn’t mean your assets immediately become worthless, but the window to act is limited. If you’ve seen this, remember to warn any friends who still have assets there.
#公链 #Web3 #BlockchainSecurity