<\/p>\n
After over two years of operation and maintenance by the Conflux Foundation, ShuttleFlow, a multi-asset bridge built on Conflux, is<\/span> set to shut down<\/span><\/a>.\u00a0<\/span><\/p>\n Per the announcement, the platform was pivotal in driving progress within the <\/span>decentralized finance<\/span><\/a> (DeFi) arena, enabling \u201cseamless\u201d asset transfers across various chains.\u00a0<\/span><\/p>\n ShuttleFlow emerged as one of the advanced multi-chain asset bridges in the DeFi space. Its <\/span>architecture <\/span><\/a>facilitated interoperability between different blockchains, opening up new user possibilities.\u00a0<\/span><\/p>\n Notably, ShuttleFlow enabled \u201ceffortless swaps\u201d between external blockchains such as <\/span>Ethereum <\/span><\/a>(ETH) and <\/span>Binance <\/span><\/a>(BNB), utilizing Conflux as the transit chain. <\/span>With the decision to shut down ShuttleFlow, the Conflux Foundation has entrusted cryptocurrency hub company Zero Gravity with the responsibility of maintaining and further developing the technology stack.<\/span><\/p>\n According to Monday\u2019s announcement, Zero Gravity will continue to enhance the Bridge\u2019s capabilities to ensure a \u201cseamless and secure\u201d experience for users within the expanding multi-chain ecosystem.<\/span><\/p>\n Furthermore, the Conflux Foundation assures users that their funds are secure throughout the transition. All<\/span> user funds<\/span><\/a> will be migrated from ShuttleFlow to Zero Gravity, safeguarding their assets.\u00a0<\/span><\/p>\n Users who have previously bridged assets through ShuttleFlow and successfully claimed them on the destination chain will not be required to undertake any additional actions for the migration.<\/span><\/p>\n ShuttleFlow will continue to assist users in claiming assets on the destination chain even after the bridging service is shut down. Users can locate their unclaimed assets on the ShuttleFlow history page.<\/p>\n The ShuttleFlow website and decentralized app (dApp) will continue to operate with limited functionality until January 6, 2024. However, the bridging service through ShuttleFlow\u2019s dApp will cease on November 6, 2023. Once ShuttleFlow fully shuts down, users can bridge their assets through Zero Gravity\u2019s official dApp.<\/span><\/p>\n The Conflux Foundation firmly believes that the decentralization and accumulation of infrastructure partners are crucial for the growth of its ecosystem. With Zero Gravity taking the reins, ShuttleFlow\u2019s vision of enabling chain-agnostic asset flows to and from the Conflux Network will persist.<\/span><\/p>\nConflux Foundation Passes The Torch<\/span><\/h2>\n
ShuttleFlow Service Ends<\/span><\/h2>\n