Ryder Wallet Enables STX Restaking Ahead of August 12 Deadline

Ryder Wallet has rolled out a feature allowing users to restake their STX tokens on the Stacks network, ahead of an August 12 deadline.

The PoX-5 hard fork, which activated on July 30 at Bitcoin block 960,230, unlocked all staked STX tokens. This means every staker needs to actively opt back in under the new rules, similar to renewing a lease contract.

Ryder's integration works through its Ryder Earn feature, powered by Fast Pool, which allows users to stake their STX tokens while keeping them in self-custody.

The deadline for restaking is tied to Bitcoin block height 962,050. If missed, stakers will sit out cycle 141 entirely and miss out on rewards and yield.