Binance NFT to Discontinue The Sandbox NFT Staking Program and Remove Support for Polygon Network

Binance NFT to Discontinue The Sandbox NFT Staking Program and Remove Support for Polygon Network

Binance NFT will be discontinuing The Sandbox NFT Staking Program on September 26, 2023 at 6:00 UTC. 

Effective from 06:00 UTC on September 26, 2023, users will not be able to stake LAND NFTs hosted on the Polygon Network on Binance NFT Marketplace to earn daily The Sandbox (SAND) rewards. All LAND NFTs currently staked on Binance NFT Marketplace will be automatically unstaked on September 27th and returned to users’ Binance accounts after 2:00 UTC on September 28. The last daily SAND rewards will also be automatically distributed to users’ Spot wallets after 2:00 UTC on September 28.

Additionally, Binance NFT will be removing support for Polygon Network from 06:00 UTC on September 26, 2023 onward. Users should withdraw their NFTs via the Polygon Network from Binance NFT Marketplace by 11:59 UTC on December 31, 2024.

From 6:00 UTC on September 26, 2023, users may not be able to buy, deposit, offer or list NFTs from the Polygon Network on Binance NFT Marketplace. All impacted listings will be automatically canceled at 6:00 UTC on September 26, 2023, and the corresponding Polygon Network NFTs will be returned to users’ accounts after 2:00 UTC on September 28, 2023.

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Source

Binance

NFT MarketPlace

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