Lattice has announced that it will be shutting down gradually, and its Layer 2 network Redstone will be shut down on May 16th.

BlockBeats News, April 15th, the blockchain gaming infrastructure team Lattice announced that it will gradually shut down its operations after five years, and its Layer 2 network Redstone will cease operation on May 16, 2026, at 07:59 UTC.

Lattice reminds users to withdraw their funds before this deadline, especially assets in contracts such as Uniswap pools. After the shutdown, only an L1 withdrawal contract will be deployed for external account balance withdrawals, and the funds in contracts will be unrecoverable.

It is reported that Lattice was founded in 2021 and developed the MUD framework, Redstone chain, Quarry, Dozer, and other tools, but failed to achieve a sustainable business model. The team will use the remaining funds for their final project DUST: The Autonomous World, but the scale did not reach a level to sustain the business, and they do not believe VC funding is the right path.