TREE NEWS update: Nillion announced that its L2 network is shutting down and urged holders of NIL or ETH to move their assets to Ethereum’s layer-1 mainnet before the network closes. The protocol did not give a specific shutdown date in the notice. Users with funds still on the L2 were told to bridge them out promptly.
Nillion to Shut Down Its L2 Network, Urges Users to Move NIL and ETH to Ethereum Mainnet
A project retiring its own L2 to push users back to Ethereum mainnet is a notable reversal of the rollup-centric playbook, and it puts the burden squarely on holders who must bridge out on their own initiative. The absence of a firm shutdown date is the sharper issue: without a deadline, users cannot judge how much time they have, and the notice reads as a wind-down rather than a migration with a clear endpoint. Whether a firm date follows, and how much liquidity actually exits before any cutoff, is the open question.
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