Unstaking requires an application and a 180-day waiting period; GMX staking on Arbitrum and Avalanche will migrate to a new contract.
Odaily reports that GMX 🫐 announced on the X platform that staking on Arbitrum and Avalanche will migrate to a new contract on October 28. To unstake, an application must be submitted, and tokens can be withdrawn after 180 days; the staking weight threshold of 80% must be met at the time of application submission. Already staked GMX and esGMX will remain untouched and require no action.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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