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BNB Beacon Chain (BEP2) Network Sunset Plan: BEP2 Projects to Bind Their Tokens to BEP20 Network and Complete On-Chain Asset Migration!

BNB Beacon Chain (BEP2) Network Sunset Plan: BEP2 Projects to Bind Their Tokens to BEP20 Network and Complete On-Chain Asset Migration!

2024-03-22 05:53

Fellow Binancians,

The BNB Chain team will be completing its sunset of BNB Beacon Chain (BEP2) by June 2024. All BEP2 projects are advised to complete the binding process with BNB Smart Chain (BEP20) network and on-chain asset migration from BEP2 network to BEP20 network at their earliest convenience to protect their users. 

Over the past few months, the Binance team has been proactively reaching out to all listed projects that have tokens deployed on the BEP2 network to start the binding and on-chain asset migration process. Currently, not all relevant projects have completed the process.

Please note that the binding and asset migration process will become unavailable once the BEP2 network sunset is complete in June 2024. Thereafter, all users who hold BEP2 tokens that are not bound to the BEP20 network will not be able to recover their BEP2 assets. Binance will not be liable for any losses incurred. 

Users may refer to this tracker for the latest updates on all relevant projects’ binding and on-chain asset migration status.

For more information, please refer to the following:

Note: There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.

Thank you for your support!

Binance Team

2024-03-22

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