PANews reported on May 23 that the liquidity staking platform ClayStack announced it will cease operations. The company stated that due to a lack of resources and insufficient product-market fit, after more than three years of continuous operation and over six product audits, they have decided to make this difficult decision. To ensure the best interests of the community, ClayStack will enter a withdrawal-only mode starting today, and the user platform will be gradually shut down. All nodes have exited, and ETH is expected to be withdrawable by June 18. The team will address questions and provide assistance via Discord.

Liquidity Staking Platform ClayStack to Gradually Cease Operations, Entering Withdrawal-Only Mode Effective Immediately image 0