News · Crypto · Ethereum

Horizen Sets November 4 Bridge Deadline as L3 Winds Down: What ZEN, ETH, and USDC Holders Must Know

Nova Global News

Here is what the page “Horizen Sets November 4 Bridge Deadline as L3 Winds Down: What ZEN, ETH, and USDC Holders ” contains. Horizen has announced a critical November 4 deadline for users to bridge assets off its Layer-3 network before it winds down. The recovery plan distinguishes between native ZEN, wrapped ETH, and bridged USDC, with different procedures for each. ZEN holders must bridge to the Horizen mainchain, while ZEN holders must bridge to the Horizen mainchain, while ETH and USDC are to be moved to Base, the Ethereum Layer-2 network incubated by Coinbase.

Missing the deadline could risk asset inaccessibility. This transition marks a strategic shift for Horizen, which is consolidating its ecosystem onto Base to leverage its scalability and growing DeFi ecosystem. For token holders, immediate action is required to avoid potential loss of funds. This listing links straight to the original page, where the content is available in full.

Open on Nova Global News

More in Ethereum

← Crypto