TechFlow news — According to a recent blog post published on Binance's official website, after careful consideration and evaluation, Binance has decided to discontinue support for staking LAND NFTs hosted on the Polygon Network.
Starting from 06:00 (UTC) on September 26, 2023, users will no longer be able to stake LAND NFTs hosted on the Polygon Network on the Binance NFT marketplace to earn daily The Sandbox (SAND) rewards. All LAND NFTs currently staked on the Binance NFT marketplace will be automatically unstaked on September 27, 2023 (UTC), and returned to users' Binance accounts after 02:00 (UTC) on September 28, 2023. The final daily SAND reward will also be automatically distributed to users’ spot wallets after 02:00 (UTC) on September 28, 2023.
In addition, Binance NFT will cease support for the Polygon Network starting 06:00 (UTC) on September 26, 2023. Users will no longer be able to purchase, deposit, provide liquidity for, or list NFTs on the Polygon Network on the Binance NFT marketplace. Users must withdraw their NFTs from the Binance NFT marketplace via the Polygon Network before 23:59 (UTC) on December 31, 2023.
