PANews reported on May 6th that according to the official announcement from Treasure, with the passing of TIP-52 proposal, Treasure Chain will officially shut down on May 30th. Users need to bridge their ETH, MAGIC, SMOL, and Beacon WOP Non-Fungible Token assets to L1 or Arbitrum before the end of the month. Currently, on-chain bridging has stopped, and MAGIC-ETH liquidity has been migrated to the mainnet and listed on Uniswap.
