FTM On-chain Staking, along with new staking requests, has been disabled in preparation for the Sonic Mainnet Launch. Staking FTM is no longer possible, but users can continue to unstake their tokens.
How am I affected as a user with staked FTM?
- Staked FTM remains secure, and will be migrated to staked Sonic (S) as part of the upcoming process
- Users can still unstake FTM to meet their liquidity needs
- Staked FTM will no longer receive rewards. Any accrued tokens will be distributed as usual
A separate announcement will be made regarding the migration of staked FTM to staked S.
If you have questions, please contact us at chat.crypto.com. We’re here to help.
