News

Binance NFT Now Ends The Sandbox NFT Staking Program And Polygon Network Support

Key Points:

  • Binance NFT will end The Sandbox NFT Staking Program on September 26, 2023.
  • Polygon Network NFTs will be automatically unstaked on September 27, 2023 and returned to users’ Binance accounts.
Binance NFT discontinues The Sandbox NFT Staking Program. Polygon Network NFTs to be unstaked by September 27, 2023.

Binance NFT has announced that The Sandbox NFT Staking Program will no longer be available on September 26, 2023, at 06:00 (UTC). After the aforementioned date, users will not be able to stake LAND NFTs on the Polygon Network to earn daily The Sandbox (SAND) rewards.

All LAND NFTs that are currently staked on the Binance NFT Marketplace will be automatically unstaked on September 27, 2023, and returned to users’ Binance accounts on or after September 28, 2023, at 02:00 (UTC). The last daily SAND rewards will also be distributed automatically to users’ Spot wallets after September 28, 2023, at 02:00 (UTC).

Additionally, Binance NFT will no longer support the Polygon Network from September 26, 2023, onwards. Users are advised to withdraw their NFTs via the Polygon Network from Binance Marketplace by December 31, 2023, at 23:59 (UTC).

Starting from September 26, 2023, users may not be able to buy, deposit, offer, or list NFTs from the Polygon Network on Binance NFT Marketplace. All affected listings will be automatically canceled on September 26, 2023, at 06:00 (UTC), and the corresponding Polygon Network NFTs will be returned to users’ accounts on or after September 28, 2023, at 02:00 (UTC).

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Thana

I am a news editor at Coincu, where I produce daily editorial packages and manage the knowledge and review article sections. Before journalism, I earned a Bachelor's degree in Global Logistics and Supply Chain Management from Northampton University and studied news journalism at Press Association Training.

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