Luisa Crawford
Jul 18, 2025 09:24
Render Network has introduced the deprecation of RNDR on Polygon following unauthorized entry, urging customers to make use of a brand new bridge to Solana.
Render Network has introduced the deprecation of its RNDR token on the Polygon community following an incident involving unauthorized entry to an inactive pockets. In a strategic transfer, the community has launched a brand new Polygon-to-Solana bridge, permitting customers emigrate their RNDR tokens to Solana on a 1:1 foundation, in keeping with Render Network.
Transition to Solana
The Render Network Basis has been on a path to improve from the Ethereum ecosystem to Solana since 2023. As a part of this transition, the community is phasing out its Polygon implementation. The brand new bridge, accessible at polygon.rendernetwork.com, allows RNDR holders on Polygon to transform their tokens to Solana-based RENDER tokens seamlessly. The eligibility for this conversion was decided by a snapshot of token holdings at a particular block quantity on the Polygon community.
Security Concerns Immediate Motion
The choice to deprecate the legacy Polygon implementation was expedited because of the discovery of unauthorized entry to a dormant pockets linked to one of many community’s legacy Polygon contracts. Though no funds have been misplaced, the incident posed a possible danger to roughly 1.4 million RNDR tokens, representing lower than 0.3% of the full circulating provide.
Collaborative Mitigation Efforts
To mitigate any dangers, Render Network collaborated with the Polygon Council and an exterior auditing agency to deprecate the bridge between RNDR on Polygon and the Ethereum Mainnet. These efforts have been executed securely by way of coordinated efforts with the Render Network Basis, companions, and safety consultants.
Steering for Token Holders
Render Network advises all RNDR token holders on Polygon to stop buying and selling these legacy tokens and use the brand new bridge to improve to Solana-based RENDER tokens. You will need to be aware that this incident doesn’t have an effect on Ethereum-based RNDR or Solana-based RENDER tokens, and no motion is required for holders of those tokens.
For any inquiries relating to the improve, tokenholders are inspired to contact Render Network help. It’s suggested to confirm data by way of official Render Network channels earlier than participating in any transactions.
Picture supply: Shutterstock
