ShuttleFlow, a Multi-Asset Bridge, to Shut Down
After more than two years of operation, ShuttleFlow, a multi-asset bridge built on Conflux, will be shutting down. The platform played a crucial role in advancing decentralized finance (DeFi) by enabling seamless transfers of assets across different chains.
Conflux Foundation Passes the Torch
ShuttleFlow was known for its advanced multi-chain asset bridging capabilities. It facilitated interoperability between various blockchains, creating new opportunities for users. Notably, it allowed effortless swaps between Ethereum (ETH) and Binance (BNB) through Conflux as the transit chain. With the decision to close ShuttleFlow, the Conflux Foundation has entrusted Zero Gravity with maintaining and developing the technology stack.
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Zero Gravity will enhance the bridge’s capabilities to provide a seamless and secure experience within the expanding multi-chain ecosystem. User funds will be migrated from ShuttleFlow to Zero Gravity to ensure their security during the transition. Users who have previously bridged assets through ShuttleFlow and claimed them on the destination chain do not need to take any additional actions for the migration.
ShuttleFlow Service Ends
The ShuttleFlow website and decentralized app (dApp) will operate with limited functionality until January 6, 2024. However, the bridging service through ShuttleFlow’s dApp will cease on November 6, 2023. After the shutdown, users can bridge their assets through Zero Gravity’s official dApp.
The Conflux Foundation believes that decentralization and infrastructure partnerships are crucial for ecosystem growth. With Zero Gravity taking over, ShuttleFlow’s vision of enabling chain-agnostic asset flows to and from the Conflux Network will continue.
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