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Swell Opens Ethereum Claims for Tokens Stranded After Swellchain Shutdown

(3 hours ago) · 1 source · Summarized by CryptoBipto

Swell has opened a claims process on Ethereum for users whose tokens were stranded following the shutdown of Swellchain. The process allows affected users to recover their assets on the Ethereum mainnet. Details on the timeline and scope of the claims process have been made available by the Swell team.

WHY IT MATTERS

When a blockchain network shuts down, any tokens stored on that network can become inaccessible, similar to money being locked inside a bank that has closed its doors.

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SOURCES

  • thedefiant.io

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