PANews reported on May 6 that according to the official announcement of Treasure, with the passage of the TIP-52 proposal, Treasure Chain will be officially shut down on May 30. Users need to bridge ETH, MAGIC, SMOL and Beacon WOP NFT assets to L1 or Arbitrum chain respectively before the end of the month. The current on-chain bridge has been stopped, and MAGIC-ETH liquidity has been moved to the Ethereum mainnet and launched on Uniswap.