The move extends the deadline for holders of wrapped assets to bridge back to the classic chain.
Terraform Labs, using the @terrac_money Twitter handle, has announced that it is postponing the Terra Classic Shuttle Bridge’s closing until June 30.
The team made this known in a tweet yesterday, asserting that it intended to give holders of wrapped Terra Luna Classic (WLUNC) more time to bridge their assets back to the classic chain. It has promised to reveal more details in the coming weeks.
Consequently, WLUNC holders now have till then to bridge back using the Portal Bridge, AKA Wormhole. Again, failure to bridge back will result in a loss of funds.
(By OKOYA DAVID)
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