CIAN: MaticX/MATIC Strategy Wind-Down Update
Summary
CIAN announces a delay to the MaticX/MATIC strategy wind-down due to Stader postponing the instant redemption flow. As a result, withdrawals for the 6X and 3X MATICX/MATIC recursive staking strategies are delayed. Users with positions are asked to remain patient while CIAN monitors the situation and will share updates when instant redemption is available.
Hi everyone ๐
Quick update on the MaticX/MATIC strategy wind-down.
We have been informed by the Stader team that while the normal MaticX withdrawal flow is currently available, the instant redemption flow will take a couple of weeks to be enabled.
Because of this delay on Staderโs side, CIANโs withdrawal and wind-down process for the related MATICX/MATIC strategies has also been delayed.
If you still have a position in either of the strategies below, please remain patient while we wait for the instant redemption flow to go live:
๐ก (6X) MATICX/MATIC Recursive Staking
https://dapp.cian.app/strategy/maticleveraged/create
๐ก (3X) MATICX/MATIC Recursive Staking
https://dapp.cian.app/strategy/matic/create
We will keep monitoring the situation closely and will share any further updates as soon as we receive them.
Thank you for your patience and understanding ๐
CIAN | LST focused DeFi Yield Strategy
CIAN is a decentralized earn platform that allows users to earn from the most advanced DeFi yield strategies safely, efficiently and easily.
CIAN | LST focused DeFi Yield Strategy
CIAN is a decentralized earn platform that allows users to earn from the most advanced DeFi yield strategies safely, efficiently and easily.
