Moonwell urges WELL holders to transfer tokens before July 31, 2026
Crypto Briefing 2026-07-22 17:52:28
Context: Moonwell is urging its WELL token holders to transfer their tokens off the Moonbeam network before July 31, 2026. This call to action comes as a result of the impending wind-down of Moonbeam's operations on the Polkadot network. The migration deadline of July 31, 2026, has been set for WELL holders to move their tokens.
Key Facts
- Moonwell has specifically requested that WELL token holders migrate their tokens off Moonbeam before July 31, 2026, in preparation for the network's wind-down on Polkadot.
- The Moonbeam network, where WELL tokens are currently held, is scheduled to wind down its operations on the Polkadot network.
- The deadline for WELL holders to transfer their tokens is July 31, 2026, after which the process for holding or utilizing WELL tokens on Moonbeam may no longer be supported.