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Karak Network Announces Sunset of L2 Chain K2 by End of 2025
11/24/2025, 07:36
AI SUMMARY
●• Karak Network K2 Layer 2 to permanently shut down on Dec 31, 2025
●• Users urged to withdraw funds; V2 requires 9-day unstaking period
●• Pivot creates confusion amid references to "Open GDP" initiative
Karak Network has announced the upcoming deprecation of its Layer 2 chain, K2. The network is scheduled to cease support and operations on December 31, 2025.
Users are advised to withdraw all funds from K2 before the deadline. Funds remaining on the chain after the cutoff will reportedly not be eligible for future rewards (XP). Withdrawal procedures vary by version, with V1 allowing immediate unstaking and V2 requiring a 9-day unstaking period.
Community discussions have noted confusion regarding the project's direction, referring to recent strategic pivots and the emergence of a related initiative identified as "Open GDP."