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Crypto DeFi

Stader to Switch NearX and BNBx Redemptions to Verified Claims on Oct 29

Stader Labs said its discontinued NearX and BNBx products will move from on-chain withdrawals to a verified claim process on Oct 29. Until then, users can still withdraw free of charge via the smart contract. The discontinued MaticX product will keep on-chain withdrawals, with a fixed redemption rate of 1.2002 POL per MaticX.

Original source

AI take

The shift to a verified claim process for NearX and BNBx marks a further unwinding of discontinued products, moving users off permissionless smart-contract withdrawals and onto a more manual, gated path. That distinction matters most for holders who have not yet exited, since the free-withdrawal window closes on Oct 29. The contrast with MaticX, which retains on-chain withdrawals and a fixed redemption rate, suggests Stader is applying different wind-down mechanics across legacy products—an inconsistency worth watching as the deadline approaches.

Generated by AI for reference only.

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