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Powerloom Wind-Down: Next Steps for Node Operators, Builders, and the Community

Anomit Ghosh

• 3 min read
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Powerloom Wind-Down: Next Steps for Node Operators, Builders, and the Community

Today we’re sharing difficult news.

After a hard review of Powerloom’s path forward, I and Swaroop have decided to wind down Powerloom.

This is not the outcome we wanted. Powerloom began with a clear belief: that onchain applications should have access to reliable, verifiable, decentralized data infrastructure. Over the years, the team and community helped bring that vision through multiple phases—testnet, mainnet, snapshotter participation, data markets, validator infrastructure, and developer-facing products.

It is a bittersweet goodbye for both of us founders, and hopefully for some of the friends we made along the way. It hurts to let go of something we have dedicated the last half decade to building, born out of distilled insights and unbridled curiosity in late 2020, formalized and fueled by the preceding two years of incessant building on EVM, Solidity, and the early Wild West frontiers of dApp development.

But building infrastructure is not only a technical challenge. It also requires a sustainable operating model, continued ecosystem demand, and the resources to support operators, developers, users, and the network over the long term. After reviewing our options, we do not believe it is responsible to continue operating Powerloom as though that path still exists.

For further context:

  • For the last 8+ months,
    • neither founder has drawn compensation from the Foundation.
    • most of the development, research, troubleshooting, and vigilance required for continued operations of the chain and accessory services have been supported from our personal funds.
  • This allowed us to go live with the Decentralized Sequencer-Validator (DSV) network, the BDS data market, and the agentic consumption systems built on and around them. But this is as far as we can humanly stretch our resources and energy.

So we are choosing an orderly wind-down.

What happens next

We are following an orderly wind-down with published dates for every milestone. The full timeline, with status updates as each step is completed, is maintained on our docs site:

Wind-Down Timeline →

If you have questions, see the FAQ →.

Node operators and builders should read the relevant sections below carefully before making any infrastructure, claim, or migration decisions.

For node operators and stakers

We know many of you contributed real time, attention, infrastructure, and trust to Powerloom.

Your work helped make the network possible. We are grateful for that, and we want the shutdown process to be as clear as possible.

In short: stop your node, claim your rewards, burn your node to recover your tokens, unstake your POWER, and bridge everything out of Powerloom Mainnet via bridge-v2.powerloom.network. Node burns and unstaking withdrawals are immediate, with no cooldown.

Do this before mint.powerloom.network goes offline on July 16, 2026 at 6:00 AM UTC, and bridge to Ethereum before the chain shuts down on July 21, 2026 at 6:00 AM UTC.

The full step-by-step checklist, with the exact CLI command to stop your node and the dashboard actions to claim, burn, and unstake, is here:

Wind-down checklist for node operators and stakers →

Related pages:

For DSV validator operators

You have been running validator nodes for 104 days, keeping the DSV network alive in production and helping prove that decentralized sequencing works. Thank you for believing in what we were building.

Here's what you need to know:

  • Turn off your validator after June 16, 2026 at 12:00 noon UTC. That is when epoch release stops. After that, no further submissions are expected and there is no penalty for going offline.
  • Burn your node to recover your funds. No cooldown. Do it before the Powerloom chain shuts down on July 21, 2026.
  • Pending validator rewards (days 91–104) will be distributed within the next 48 hours. These will be sent directly to your node owner address.

Full details: DSV Validator Nodes →

Thank you for helping build DSV and for believing in us in the harder times.

For builders, users, and partners

Powerloom services will remain available during the wind-down period as per the Wind-Down Timeline.

Team tokens

All team-held tokens have been burned

Transaction

Security warning

There will be no surprise airdrop, emergency migration, private claim link, or unofficial support account. Please be careful of impersonators.

Only trust links published from official Powerloom channels:

Thank you

Powerloom only existed because people chose to build, run nodes, test, give feedback, and believe that web3 data infrastructure could be better.

To the snapshotters, validators, developers, partners, investors, contributors, and community members who supported us: thank you.

We are sorry we could not take Powerloom further. We will focus now on making the wind-down clear, safe, and respectful.

— Anomit and Swaroop

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