Terraform Labs may shut down key products and services if third-party takeover discussions fail by October 30, 2024.
Products like Enterprise, Warp, and Station Wallet could be discontinued without successful third-party management.
Critical services like Finder Block Explorer and IBC Relayers are also at risk of being shut down.
Terraform Labs announced the possible shutdown of several key products and services by October 30, 2024. The company is talking with third parties to take over these offerings. If these talks fail, the listed products and services will be discontinued.
Products Facing Potential Shutdown
These products include Enterprise, a decentralized autonomous organization (DAO) framework, known as enterprise_dao. Also on the list is Warp, a cross-chain protocol operating as warp_protocol. Station, a popular cryptocurrency wallet operating as StationWallet, may also be shut down. Finally, the Alliance Hub, another important part of the Terra ecosystem, is at risk.
In addition to products, Terraform Labs also identified several critical services that may be discontinued. These include Finder Block Explorer, a widely used tool for tracking blâŠ
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