Staking Update. Some of you may not be aware, but Cardinal has made the decision to shut down its staking operation for web3.

26 Jul 2023, 14:26

Staking Update 🛠 Some of you may not be aware, but Cardinal has made the decision to shut down its staking operation for web3. Cardinal has been a crucial part of the Solana ecosystem and has greatly assisted us in establishing our staking offerings and other products. We are saddened to see them go. However, our team is currently working diligently on setting up our own staking solution. Due to this transition, you might experience some issues with staking NFTs or $BLOCK. (Cardinals thread on the subject: Our development team's top priority at the moment is to get our new staking up and running as soon as possible. We are aiming to have it live by August 18th. The unexpected move from Cardinal requires us to adapt swiftly, and we are fully focused on achieving this goal. Once the new staking is ready, we will provide you with updates, and you will be able to stake your NFTs & $BLOCK as usual. During this transition, you will continue to earn rewards for your currently staked NFTs & $BLOCK, so nothing to worry about on that front. We apologize for any inconvenience this situation may cause. It's been an unexpected challenge for many projects within the Solana space. Our team is dedicated to getting the new staking live as soon as possible. We appreciate your understanding and patience throughout this process. Have a great rest of the week Blockasset Family. 🙏