Foresight News
Foresight News|Mar 17, 2026 02:28
**[Neutron to Transition to Long-Term Maintenance Mode, Multiple Products to Gradually Shut Down]** Foresight News reports that the Cosmos cross-chain smart contract platform Neutron announced via a tweet that its network will transition to a long-term maintenance mode, prioritizing the safety of assets for users, builders, and stakeholders. Key changes include: Supervaults will prohibit new deposits starting March 16, and DEX and Supervaults will be fully suspended by April 17 (withdrawal channels will remain open until June 30); dNTRN holders can exchange their tokens for NTRN via the Drop website or the Neutron app starting March 23; wstETH holders must bridge back to Ethereum by June 30; the redemption mechanism for NTRN will be announced later, and any remaining assets after the foundation's liquidation will be proportionally returned to the DAO. Governance, staking, and validator systems will abandon Neutron's custom model and switch to the standard Cosmos model; token inflation will be dynamically adjusted, and the foundation and DAO plan to burn a large amount of NTRN to reduce supply. Hadron Labs will maintain the network until June 30, after which it will transition to a low-maintenance community support model. Fireblocks support will end by the end of April. The team stated that despite significant innovation over the past four years, the recent poor market environment and the lack of a viable long-term strategy have led to this decision.
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