Final Call: rSWTH Unstaking Deadline Approaches
Final Call: rSWTH Unstaking Deadline Approaches
⚠️ Last Call for rSWTH Holders
Important Deadline: March 31st is the final day to unstake rSWTH from StaFi Protocol.
Key steps:
- Unstake via StaFi Platform
- Wait 31 days for $SWTH to appear in StaFi Hub wallet
- Return $SWTH to Demex for staking benefits
Critical Warning: Failure to unstake before the deadline may result in permanently locked funds due to StaFi's transition to LSaaS.
Take action now to secure your assets.
🔔 Reminder: March 31st is the last day to unstake rSWTH from @StaFi_Protocol. 1️⃣ Unstake on StaFi: app2.stafi.io/gallery/cosmos… 2️⃣ After 31 days, you’ll receive $SWTH in your StaFi Hub wallet 3️⃣ Deposit $SWTH back to Demex and stake to enjoy lower trading fees
🚨 Attention rSWTH stakers! @StaFi_Protocol is transitioning rSWTH to #LSaaS—so it's time to unstake! Unstake your rSWTH back to SWTH before March 31, 2025 or risk having your funds permanently stuck. 🔄 Unstake now: app2.stafi.io/gallery/cosmos…
nLEND Redemption Process Now Live
The nLEND redemption platform has launched, offering affected users a path to recover their assets. Here's the process: - **Step 1**: Users with Health Factor <1 must repay borrowed assets - **Step 2**: Claim nLEND tokens through Nitron platform - **Step 3**: Choose to redeem now or hold for potential higher value *Key Points*: - Redemption is optional; value can only increase - Only risky positions (HF <1) require repayment - Recovery efforts ongoing with full transparency Monitor redemption value at [DEM Exchange](https://app.dem.exchange/n-lend) *Important*: Once redeemed, you cannot participate in future higher-value redemptions.
nLEND Redemption Platform Launch Announcement
The nLEND redemption platform is scheduled to launch on June 26, 2025. This launch follows a necessary chain upgrade and extensive testing period. Key updates: - Platform goes live on June 26, 2025 - Includes new chain upgrade implementation - Complete code verification completed Users can find detailed information about the redemption process in the official blog post: [Launch Update](https://blog.dem.exchange/nlend-redemption-platform-launch-update/) *Important*: Review redemption guidelines before platform launch to ensure smooth conversion process.
Axelar Network Withdrawal Service Interruption Update
Axelar-based withdrawals are temporarily suspended on Demex. The technical team is collaborating with Axelar to restore services. Key points: - All user funds remain secure - Issue is related to ongoing Polynetwork-Axelar migration - Spot LP rewards remain paused during transition - Fiat withdrawals continue to function normally Platform stability and security remain the top priority during this maintenance period. Regular updates will be provided as the situation develops.