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Binance NFT will no longer support The Polygon network

DifDrama

By DifDrama,
in Cryptocurrency and Blockchain

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DifDrama Occasional Contributor

DifDrama

Posted
Posted

Binance NFT will discontinue The Sandbox NFT Staking Program on September 26, 2023, at 06:00 (UTC) as part of its efforts to streamline product offerings. Users won't be able to stake LAND NFTs for SAND rewards after this date. Staked NFTs will be automatically unstaked on September 27, 2023, and returned by September 28, 2023.

Support for the Polygon Network will also end from September 26, 2023, at 06:00 (UTC). Users must withdraw their NFTs via Polygon by December 31, 2023. After September 26, 2023, at 06:00 (UTC), Polygon Network NFTs can't be bought, deposited, offered, or listed on Binance NFT Marketplace. Listings affected will be canceled, and NFTs returned after September 28, 2023.

Is this a sign that Binance is on a downhill trajectory, like '"slow train wreck" as Travis Kling said?

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