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 To unstake, an application must be submitted, and tokens can be withdrawn after 180 days; the staking weight threshold of 80% must be met at the time of application submission.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.
You may also like
PS5 Pro is Sold Out Everywhere as GTA VI Pre-Load Starts Next Week
CryptoQuant analyst says the altcoin market cap has shrunk by about $20 billion

![Fu Peng: Pay attention to the potential shift in copper from stockpiling to bottleneck logic [Fu Peng Commentary]](https://img.bgstatic.com/external-content/5bba8cd4c8254af78616bb3a2e614b63.jpg?w=420&h=236&f=webp)
Ripple's Dubai Event Presence Gets High-Profile Boost From Emirates Chairman

