🚨 🚨🚨 Final Sunset plan of BNB Beacon Chain🚨🚨🚨
This announcement is to update all community members about the final sunset plan of the BNB Beacon Chain. As members are aware, BNB Beacon Chain validators agree that they will stop running the validators by the upcoming mid-November to complete the sunset. By then, BNB Beacon Chain will halt running and stop processing any new transactions.
The decision aligns with the BNB Chain Fusion, a strategic plan to fuse BNB Beacon Chain’s functionalities with the BNB Smart Chain (BSC). The move aims to streamline the network, reduce security risks, improve efficiency, and align BNB Chain’s architecture with growing technological demands and future growth.
We strongly urge users and centralized exchanges to take specific actions to prevent the complete loss of their assets. The required actions and other relevant information are listed below.
Actions For BNB Beacon Chain Assets Holders:
BNB Beacon Chain assets holders are urged to transfer their BEP-2 and BEP-8 (mini BEP-2 tokens) from the BNB Beacon Chain to the BSC immediately. The transfers can be made through centralized and decentralized exchanges or by wallets.
While we can report that most of the assets have been migrated, some BEP-2/8 assets remain on the BNB Beacon Chain. We urge BNB Beacon Chain assets holders to initiate the migration process immediately to prevent losing access to their assets. Failure to do so may lead to irreversible losses, with no chance of a recovery of the assets in question.
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