Stader Labs: MaticX will be phased out, and the application frontend will be taken offline on August 3.

This article is machine translated
Show original

According to Foresight News , liquid staking protocol Stader Labs has announced the gradual shutdown of its Polygon liquidity staking token, MaticX. Effective immediately, MaticX has stopped accepting new deposits and has transitioned to a "claims-only" status. Simultaneously, the official MaticX application frontend will be officially decommissioned on August 3, 2026. Before this date, users can still redeem their MATIC assets instantly through the dApp at a fixed exchange rate. For three years, from the frontend closure on August 3rd to August 3rd, 2029, users can still claim their MATIC assets directly through the Etherscan contract page.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments