FNSIA Suspends New Staking Ahead of Kaia Chain Launch
CryptoNewsTerminal Staff20 Aug, 2024
FNSIA Suspends New Staking Ahead of Kaia Chain Launch
FNSIA has announced the suspension of new FNSA staking from August 23rd. This move is in preparation for the official launch of the integrated chain Kaia with Claytn and smooth token integration. During this suspension, inflation on FNSIA's mainnet will be halted, and the provision of staking rewards will cease. Additionally, the delegation and redelegation functions will be blocked in all FNSA wallets that offer staking. FNSIA's team emphasized that this suspension is a temporary measure to ensure a seamless transition to the new integrated chain.
