What is happening?
Celo will migrate to an Ethereum Layer 2 in early 2025. This update will allow for scalability, native bridging, and faster transaction times. Check out Celo’s docs for more details.
What will happen to my funds?
Valora is already prepared to support the migration. This means your funds and dapp positions should be unaffected.
Transactions may be delayed on the day of the migration. Follow Celo’s X account for updates.
Do I need to do anything before the migration?
Your funds will not be affected by the migration. However, you should take the time to ensure you have properly backed up your Recovery Phrase.
What if I have other questions about the migration?
You can get in touch with the Celo team on their discord channel.