- Avalanche phases out old wallet for Core Stake, enhancing staking features and user experience.
- Transition to Core Stake scheduled for March 2024, with flexibility based on community feedback.
Avalanche has officially announced the phase-out of the traditional Avalanche Wallet. This strategic shift paves the way for Core Stake, a more advanced and user-friendly platform designed to elevate the staking experience for its users.
The proposed Durango network upgrade is a week away on Mar. 6, which will end staking functionality on https://t.co/6WDOAtKJGd, deprecating the staking txn types the wallet uses.
Get details in the wallet phase-out guide and migrate to @coreapp Stake 👇https://t.co/FjpspIT3CH
— Avalanche 🔺 (@avax) February 28, 2024
Looking to the other side for a moment, the Avalanche Foundation has also introduced comprehensive guidelines for memecoin investments, aiming to foster a more secure and responsible investment environment within its community.
This move highlights the foundation’s commitment to maintaining the integrity of its ecosystem. As previously reported by ETHNews.
Scheduled Transition
Set for March 2024, this transition marks a pivotal moment in Avalanche’s roadmap. However, the Avalanche team has noted that this timeline is flexible and may be adjusted based on the community’s feedback, emphasizing the project’s commitment to user-centric development.
To ensure that the transition meets the needs and expectations of its user base, Avalanche is actively seeking input and suggestions. Users are encouraged to contribute their thoughts and experiences through a dedicated feedback form, underscoring the project’s dedication to community involvement.
About Core: A New Era for Avalanche Users
Launched in 2022 by Ava Labs, Core has quickly established itself as the gateway to the Avalanche ecosystem. Available across various platforms including web apps, mobile devices, and as a Chrome Browser Extension, Core is designed to onboard users to the innovative world of Avalanche with ease and efficiency.
Core Stake stands at the forefront of this transition, offering a holistic view of staking operations and portfolio management. It integrates the latest in staking technology and is set to introduce groundbreaking features such as Elastic Subnet Staking, aiming to provide a seamless and enriched staking experience.
Ava Labs’ decision to transition from the old wallet to Core Stake is driven by a desire to ensure that users have access to the most up-to-date and improved tools. This move reflects the company’s ongoing commitment to innovation and user satisfaction.
At the time of writing, AVAX price performance is quite impressive, it is up 6.05% in the last 24 hours and 11.21% in the last 7 days, priced at $42.26.