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Stader Labs has announced the discontinuation of MaticX and users are required to complete the redemption by August 3rd.
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BlockBeats News, June 13th, the liquidity staking protocol Stader Labs announced the official cessation of MaticX operations. Starting today, MaticX will no longer accept new deposits and will enter a "claim-only" state. Users can still redeem their corresponding MATIC assets through the existing interface. According to the announcement, the MaticX official DApp interface will be officially taken offline on August 3, 2026. After this date, users will no longer be able to operate through the web interface and must instead complete asset claims on Etherscan via the Ethereum chain's smart contract.

Stader Labs stated that the MaticX staking contract will undergo an upgrade from June 12 to June 19, 2026. It is expected that around June 19, the exchange rate between MaticX and MATIC will be permanently locked and become the final settlement rate for all future redemption requests. Users who have already completed redemptions before this change will not be affected; those who have not yet redeemed can continue to claim through the existing DApp interface or Etherscan. For assets that have been initiated for redemption but not yet withdrawn to a wallet, they can also be claimed later through the Etherscan contract. Meanwhile, from June 19 to August 3, 2026, the MaticX DApp will continue to provide instant redemption services at a fixed rate.

After August 3, 2026, the MaticX official frontend interface will permanently cease operation, but users can still directly withdraw assets through the Etherscan contract for the next three years, with the claiming period lasting until August 3, 2029. Stader Labs stated that a detailed Etherscan contract claiming tutorial will be released before the DApp closure to ensure users can smoothly complete their asset redemptions.

Source: BlockBeats

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