[Stader Labs Announces Discontinuation of MaticX Operations, Users Must Redeem by August 3] BlockBeats News, June 13: The liquid staking protocol Stader Labs has officially announced the discontinuation of MaticX operations. Starting today, MaticX will no longer accept new deposits and will enter a 'withdrawal-only' mode. Users can still redeem their corresponding MATIC assets through the existing interface. According to the announcement, the official MaticX DApp interface will go offline on August 3, 2026. After this date, users will no longer be able to operate through the web interface and will only be able to claim assets via smart contracts on the Ethereum blockchain through Etherscan. Stader Labs stated that the MaticX staking contract will undergo an upgrade between June 12 and June 19, 2026. Around June 19, the exchange rate between MaticX and MATIC will be permanently locked and will serve as the final settlement rate for all future redemption requests. Users who have already completed redemptions before this date will not be affected. Those who have not yet redeemed can continue to claim assets through the existing DApp interface or Etherscan. For assets that have been redeemed but not yet withdrawn to wallets, users will also be able to complete the withdrawal via Etherscan contracts in the future. Meanwhile, between June 19 and August 3, 2026, the MaticX DApp will continue to provide instant redemption services at a fixed exchange rate. After August 3, 2026, the official MaticX front-end interface will permanently cease operations. However, users will still be able to directly withdraw assets via Etherscan contracts for the next three years, with the redemption period lasting until August 3, 2029. Stader Labs stated that a detailed tutorial on how to claim assets via Etherscan contracts will be released before the DApp is shut down to ensure users can smoothly complete their asset redemptions. [Original Link]