tl;dr
- ChainPort to remove support for unofficial paths and tokens from April 1st
- Users are advised to transfer tokens back to their source chain promptly
- Unsupported paths will be removed from ChainPort's user interface
- PORTX holders can only utilize PORTX on Ethereum, Polygon, BNB, Optimism, and Arbitrum
- Retrieving tokens may become impossible after the specified timeframe
Unofficial Paths for Tokens to be Removed by ChainPort
In a move aimed at enhancing reliability, ChainPort is removing support for unverified paths for tokens, effective April 1st. This decision underscores ChainPort's commitment to safeguarding user assets.
Starting April 1st, ChainPort will cease supporting the bridging of tokens to unofficial paths. Users who have bridged verified tokens to unofficial paths should initiate the process of bridging back to their original chain without delay.
To ensure clarity for users, unsupported paths will be removed from ChainPort's user interface following April 1st. Please contact the token issuer if you are unsure whether you bridged a token to an unofficial path.
It's crucial to note that after this specified timeframe, retrieving tokens may become impossible. As such, it is highly recommended to bridge tokens back to their source chain as soon as possible.
By implementing these measures, ChainPort aims to uphold the highest standards of security and transparency, thereby fostering trust and confidence among its user base. Users are encouraged to take proactive steps to comply with these changes and safeguard their assets effectively.
PORTX and Official Paths
ChainPort’s native token PORTX is available on Ethereum, Fantom, Optimism, Arbitrum, and Polygon. Following this announcement, PORTX holders will only be able to utilize the token on Ethereum, Polygon, Fantom, Optimism, Arbitrum, and BNB. PORTX holders who are holding tokens on any chains other than those listed above are highly encouraged to bridge tokens to one of the supported paths above.
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