Kroma Network has reached its official shutdown date of 30th June, 2025, and the clock is starting its countdown for its users. Kroma Network is calling out its users to unstake and withdraw their crypto assets immediately, trying to avoid the users’ permanent loss.
The smart contract access would not be fetched after the given deadline date. After the announced date, the users will lock out their funds forever. Kroma Network, a scaling solution for decentralized Layer 2, has announced this news through its official X account.
Kroma Network to Announce the Call for Withdrawal of All Assets
The Kroma team has warned users specifically to retrieve all their tokens, including $WEMIX, $spETH, and $st.WEMIX.e, $USDT, $WETH, and $USDC. The users will lose their irretrievable assets if they do not act in time, as the mainnet has prepared itself for a complete shutdown.
The significance of the shift is highlighted through this urgent call to action, considering the compliance of users. Traditional financial platforms typically have customer support infrastructure, but decentralized systems lack this possibility. So, the platform has announced this final call to avoid any inconvenience for the users.
Kroma Network to Call Users to Act Now or Lose Access Forever
Kroma has decided to wind down its operations, marking its end in the landscape of Web3. The network has not announced any specific reason behind this shutdown, wholly taking users’ responsibility in their final phase.
The network encourages users to double-check their wallets and unstake any staked assets. By doing this, the platform aims to ensure the clarity and security of the transferred amount out of the Kroma ecosystem before the deadline comes. The smart contracts will stop functioning after 30th June, providing users a window to look for the protection of their digital assets.
