Ontology said on X that it will close its stONT liquid staking service following a security and stability assessment released earlier the same day. The project said all ONT staked through stONT will be returned to users' wallets within the current consensus round. Holders of stONT do not need to take any action, according to the announcement. Ontology added that it will publish another update after the return process is completed. The statement did not provide additional details beyond the assessment reference and the planned return timeline. The update was posted through Ontology's official social media account and points to a service shutdown tied to the project's own review of security and stability.
Ontology said on X that it has decided to shut down the stONT liquid staking service based on a security and stability assessment it released earlier on the same day.
The project said all ONT staked through stONT will be returned to users' wallets within the current consensus round. According to Ontology, stONT holders do not need to take any action.
Ontology also said it will publish a further update once the return process is complete.
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