It could actually do — and in some circumstances, you will have to lock up your DOT for 120 days.
Loads can occur in 120 days — living proof, DOT fell from an all-time excessive of $55 to lows of $17 over this timeframe… down 69%. This painfully exhibits why it is vital to evaluate your choices, and contemplate staking suppliers the place you possibly can earn yield with out enduring lengthy lock-up durations and helplessly watching your crypto plunge in worth.
In some circumstances, it might probably take 28 days to unbond from a validator node — whereas in others, you possibly can select between fastened durations of 30, 60, 90 or 120 days.
However XGo is totally rethinking this strategy. This platform gives no lock-ups on withdrawals and no unbonding interval, that means you are totally in management. Higher nonetheless, rewards are paid out day by day — and you’ll switch your property at any time.
Given how there’s heightened concern within the crypto markets, and a whole lot of uncertainty pushed by the Federal Reserve’s mission to extend rates of interest and deal with red-hot inflation, this much-needed flexibility helps hold HODLers within the driving seat.
