And how long does a block last for?

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Waves.Exchange English group

P Andder

And how long does a block last for?

#english #exchange #waves

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31.10.2021

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P Andder Автор вопроса

Edward | WX Network
Hello! As you've already mentioned, the lockup pe...

But let's say 1 month after ido is finished. So on December this year would i be able to withdraw the WX I recieved by then?

0

31.10.2021

Edward | WX Network · Accepted Answer

Hello! As you've already mentioned, the lockup period is is 1 year: according to the IDO terms, the WX tokens you bought will be released in small portions during the next year after the end of the IDO. The portion of WX will be released every time a new block is added to the Waves blockchain. You'll able to claim either WX or USDN (USDN amount is calculated based on the IDO’s WX price). For instance, if the WX price doesn't meet the expectations of IDO participants, they can always take USDN instead of WX from the contract. Thus, there is no risk.

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And how long does a block last for?

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