Important Announcement on the Suspension of LABS Staking Activities

LABS Group
1 min readDec 3, 2024

--

Dear LABS Community Members,

Today, Staynex officially notified us that we must suspend “LABS staking to get STAY Campaign” due to Staynex's upcoming listings activities.

Specific Adjustments:

Suspension Date:【23:59】3 December 2024

LABS Staking is suspended and users can no longer participate in new staking activities.

2. Rights of Staked Users

Principal Return

  • Your staked principal (LABS) will be returned fully to your staking wallet address by 15 December 2024.

Interest Distribution Rules

  • Your earned interest (STAY) will be distributed one month after Staynex TGE (Token Generation Event) in a one-time payment to your staking wallet address.

3. Staking Rewards Query

You can check the details of your staking rewards through the following link: https://docs.google.com/spreadsheets/d/1iH77lxUcT5D3q4WP8OLKVOA0gPSx0akQmaQWBHOuvUQ/edit?gid=0#gid=0

Thank You for Your Understanding and Support

We acknowledge that this adjustment may be inconvenient to some users; however, it has been implemented to support the project’s long-term development and the collective benefit of the community. We sincerely appreciate your understanding and continued support.

If you have any questions, please get in touch with us through official channels.

Telegram:https://t.me/labsgroupio

Twitter: https://x.com/labsgroupio

LABS Group | 3 December 2024

--

--

LABS Group
LABS Group

Written by LABS Group

LABS Group utilizes blockchain, NFT and Web3 tech to disrupt traditional real estate and hospitality industry. Other Social Links: twitter.com/r/LabsGroupio/

No responses yet