tl;dr
- XCAD stopped using ChainPort and moved to Wormhole as of March 23, 2023.
- All wrapped XCAD tokens on BNB have been abandoned, and users are urged to take immediate action.
- Users holding ChainPort-based XCAD tokens on BNB should port back to ETH and unlock the native token for asset security.
- There is a 10-day window for this migration, and failure to complete the process may result in the inability to retrieve the tokens.
- ChainPort will support the new XCAD tokens bridged via Wormhole through the Li.Fi integration.
ChainPort-Based XCAD Tokens on BNB to Lose Support
As of March 23, 2023, XCAD officially ceased using ChainPort and transitioned to Wormhole. As a result, all wrapped XCAD tokens on BNB have been abandoned. Users holding ChainPort-based XCAD tokens on BNB are urged to take immediate action by porting back to ETH and unlocking the native token to ensure the security of their assets.
A 10-day window has been provided for this crucial migration. Failure to complete the porting process within this timeframe may result in the inability to retrieve the tokens. We highly encourage all affected users to act promptly to avoid any potential disruptions.
LI.FI & The Future of XCAD at ChainPort
On a positive note, ChainPort will fully support the new XCAD tokens bridged via Wormhole through the Li.Fi integration. In the future, XCAD holders will be able to continue using ChainPort for their bridging needs.
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