The Avalanche team announced via X (formerly Twitter) on Friday that the current Avalanche Web Wallet will be phased out on November 30th. They informed the community members that their staking needs can now be found with Core Stake. Simply connect via Core extension or with a Ledger hardware wallet and access the same account, in a new UI. No rewards will be lost, the team added.
With the Core app, users can stake directly to their validator or delegate $AVAX with absolute control over configurations like stake amount, staking duration, and delegation fees.
Avalanche is an open-source platform for launching Decentralized Finance (DeFi) applications and enterprise blockchain deployments in an interoperable, highly scalable ecosystem.AVAX is down by 2% so far today and currently trades at $20.81 per coin.