Terra: Shuttle Bridge has reopened, users need to redeem assets as soon as possible before deadline

On August 28, Terra said on its social media platforms that the new Shuttle Bridge interface is now open for redeeming wrapped assets. The reopening of the bridge allows users to transfer LUNC and USTC assets bridged to the main Ether, BNB Chain (BSC) and Harmony networks back to Terra Classic.

The bridge will be open from now until 30 days after the effective date of the Terraform Lab Chapter 11 bankruptcy plan (expected to be on or about October 30, 2024, based on the projected September 30th effective date, but that date is subject to change). Open Bridge offers users the opportunity to redeem assets and use them as needed. Please be sure to redeem your assets as soon as possible.

When the bridge closes, user assets still in the contract will be destroyed and the bridge will be permanently closed.