MakerDAO is set to temporarily shut down its Teleport L2 Gateways

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MakerDAO is set to temporarily shut down its Teleport L2 Gateways
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Through a new proposal, MakerDAO wants to temporarily shut down its Teleport L2 Gateways to fix the identified issue. MKR has seen a dearth of demand in the last 24 hours. MakerDAO, through its Governance Facilitator(s) and Starknet Engineering and Protocol Engineering Core Units, has proposed to redeploy its Teleport Layer 2 (L2) Gateways as […]

is a service provided by MakerDAO that enables users to transfer their DAI tokens from the Ethereum mainchain to a Layer 2 scaling solution, such as Optimism or Arbitrum, and back again.

To fix the identified issue, MakerDAO proposed a redeployment of its Teleport L2 Gateways, which might result in a temporary shutdown of the Teleport bridges on Optimism, Arbitrum, and Starknet.

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