Important Update Regarding $THE Token Bridging Services Between opBNB and BNB Chain
Dear Thenians,
We wish to inform you of an impending change concerning the cross-chain bridging service for the $THE token between the opBNB and BNB Chain networks.
Our current bridge provider, Polyhedra, has notified us of their decision to cease their cross-chain bridge operations imminently. This cessation will directly impact the current bridging solution for $THE tokens between opBNB and BNB Chain.
Furthermore, significant network upgrades, specifically hard forks on both opBNB and BNB Chain, are scheduled to occur before the end of this month (April 2025). Polyhedra has indicated they will not be updating their platform to support these protocol changes.
Consequently, the existing $THE bridge, accessible via https://thena.zkbridge.com/bridge, will cease to function following the opBNB hard fork, which is scheduled for April 21st, 2025, at 3:00 AM UTC.
⚠️ Action Required: Users who anticipate needing to transfer $THE tokens between opBNB and BNB Chain (in either direction) before the deployment of our new solution should utilize the current bridge (https://thena.zkbridge.com/bridge) prior to the April 21st, 3:00 AM UTC deadline.
⚒️ Future Solution: We have successfully developed proprietary smart contracts to facilitate future $THE token transfers between these chains. The development of the associated user interface (UI) is currently underway and is estimated to be completed by the end of April 2025. Users who do not bridge their tokens before the deadline will be able to use this new, in-house solution once it becomes available. Your assets remain secure during this transition period.
⛓️ Bridging Other Assets: Please note that for bridging tokens other than $THE, the official Binance bridge remains operational and can be accessed at any time: https://opbnb-bridge.bnbchain.org/
We understand this transition may present an inconvenience, and we apologize for any disruption caused. We are committed to deploying our proprietary bridging solution swiftly and will provide further updates on our progress.
We appreciate your understanding. Have a nice weekend. 💜
Post #218
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