ShapeShift DAO Moves Users To New App

Following its transition to a DAO in July last year, ShapeShift has built a new, open source way to interface with the decentralized universe; including more options for buying, trading, investing and managing assets. With this organizational shift to a DAO, users’ personal data has been scheduled to be permanently erased as ShapeShift winds down its centralized infrastructure and moves users over to its new open source web and mobile app.

To retain access to their ShapeShift native wallet, users must back up their 12-word secret recovery phrase (instructions here).

"This is a huge milestone in ShapeShift’s journey to complete decentralization," said Willy Ogorzaly, Head of Decentralization for the Fox Foundation. "In addition to the numerous improvements and new features, the new mobile app is fully open source and the only backend is blockchain data一which we are actively working to decentralize with FOXChain. ShapeShift DAO is dedicated to building the best interface to the decentralized universe, and with new wallets, chains, and protocols being added each week, the vision is coming together. However, for this vision to fully come to fruition, the interface can’t just exist on the web; it must be available on mobile too."

Springing off the momentum of recent chain and protocol integrations such as Avalanche and THORChain, the new mobile app currently supports ShapeShift Native wallet and WalletConnect—with MetaMask, Portis and other wallet support following to mobile soon after launch. In the meantime, users can access the web app if they wish to connect via one of their many existing supported wallets.