22.06.2025 14:05

Kroma Network, a Layer 2 scaling solution, is ceasing operations on June 30th, 2025. With only days remaining, the platform urges users to immediately unstake and withdraw all crypto assets to avoid permanent loss of funds. Failure to act before the deadline will result in irreversible access denial to their holdings.

The network's official X account issued a stark warning, highlighting the impending shutdown. This urgent plea emphasizes the critical need for users to retrieve assets, including, but not limited to, WEMIX, spETH, st.WEMIX.e, WETH, USDT, and USDC. The consequences of inaction are severe; users risk losing their entire investment.

Unlike traditional financial institutions with robust customer support systems, decentralized platforms often lack similar recourse mechanisms. Kroma Network's proactive announcement aims to mitigate potential user distress and financial hardship by providing ample warning before the scheduled shutdown. This preemptive measure underscores the network's commitment to transparency, despite the inherent limitations of its decentralized structure.

The shutdown marks the definitive end of Kroma Network's operations. The network’s decision highlights the inherent risks involved in interacting with decentralized platforms, emphasizing the responsibility of users to stay informed and proactively manage their digital assets. The company's clear communication, although somber, is intended to protect users from unforeseen losses. The deadline remains firm: June 30th, 2025.