The liquidity pledge protocol ClayStack announces its shutdown, and from now on will only support withdrawals.

ChainCatcher message, the Ethereum liquid staking protocol ClayStack announced that due to the lack of resources and product-market fit during its continuous operation over the past three years, it has decided to cease operations.

Effective immediately, ClayStack will enter a mode that only supports withdrawals. The platform has conducted a de-staking operation, and funds are expected to be available for withdrawal by June 18.