CIAN Sunset: Polygon stMATIC/MATIC Staking Strategy
Summary
CIAN has announced the sunsetting of its Polygon Network stMATIC/MATIC Recursive Staking Strategy because the underlying Lido staking function is no longer available due to development termination. Users currently holding funds in this specific strategy are urged to withdraw their assets immediately. CIAN warns that delays in withdrawal could lead to losses caused by price discrepancies during potential withdrawal congestion.
Polygon Network stMATIC/MATIC Recursive Staking Strategy Sunset Notice
Due to the termination of development and technical support of Lido on Polygon, the staking function is no longer available. CIAN will synchronize with Lido's timeline to take the stMATIC/MATIC RS strategy offline.
What This Means For You:
- If you have funds in this strategy, please withdraw them as soon as possible
- Delayed withdrawals may result in losses due to price differences during withdrawal congestion
- This change only affects the stMATIC/MATIC recursive staking strategy
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