Binance NFT has announced the discontinuation of APE NFT staking products for Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) NFTs, effective August 1, 2025, at 06:00 (UTC). This move is due to adjustments in the underlying APE staking mechanism.
🔄 What’s Happening?
All BAYC and MAYC NFTs currently staked will be automatically unstaked at the specified time
These NFTs will be returned to users’ Binance accounts by August 3, 2025, at 06:00 (UTC).
After unstaking, NFTs will no longer earn staking rewards.
📤 What Should You Do?
Once the NFTs are returned, users can withdraw them through the Binance NFT platform at their convenience. There’s no action needed for the auto-unstaking, but it’s important to note that staking rewards will stop once NFTs are unstaked.
💬 Why It Matters:
This update may affect users relying on passive income from APE staking. It’s essential to reassess your NFT strategy, especially if you were earning APE rewards via Binance NFT.
🛟 For assistance or questions, contact Binance Support.
Stay informed and manage your digital assets wisely.
#BinanceNFT #APE #BAYC #MAYC #NFTUpdate #CryptoNews #NFTStaking #Web3News #PassiveIncome
#ape #ETHBreaks3700 #nft #BinanceSquareTalks #BinanceSquareFamily 
