DeFi· ★★★· bearish·

Metis to end Stargate support on Oct 23 as LayerZero exits on Oct 30

  • —Metis disables Stargate on Oct 23; LayerZero V1 routes must be closed by then
  • —LayerZero Labs halts DVN and Executor services for Metis on Oct 30
  • —Holders of m.USDC, m.USDT, WETH and METIS are unaffected; the official bridge keeps running
  • —Stargate V1 pools will close across all chains on Dec 15
Why it matters: Metis users must pull liquidity from Stargate before the cutoff or risk losing access to funds once the routes shut down.
Source: PANews