Terraform Labs has announced that several of its products and services may shut down by October 30, 2024. The company is in discussions with third parties to transfer control of these operations, but if no agreements are made, the shutdown will proceed.
The products that could be affected by this move are Enterprise, Warp, Station, and Alliance Hub. In addition, services like Finder Block Explorer, Foundation, IBC Relayers, Mantlemint, FCD, and API services are also at risk. This decision aligns with the company’s planned exit from direct involvement in the Terra ecosystem, a plan that’s been in motion since their bankruptcy filing.