The BNB Chain team has announced plans to conclude the sunset of the BNB Beacon Chain (BEP2) by June 2024. To safeguard their users, it is recommended that all BEP2 projects complete the transition process to the BNB Smart Chain (BEP20) network as soon as possible, and migrate their on-chain assets from the BEP2 network.
For the past few months, the Binance team has actively been liaising with all projects that have tokens deployed on the BEP2 network, urging them to kick-start the transition and asset migration operations. Despite these efforts, not all targeted projects have completed the process so far.
Once the BEP2 network sunset is fully executed in June 2024, the option to transition and migrate assets will become unavailable. As a result, users holding BEP2 tokens not bound to the BEP20 network will lose the ability to recover their BEP2 assets, with Binance not bearing any responsibility for such losses.
For the latest updates concerning the binding and migration status of all relevant projects, users can refer to a specified tracker.