Has Elrond team considered the pros and cons of a

Question

Has Elrond team considered the pros and cons of a

reduction from 10 to 7 or 5 or 3 days eGLD unstaking time? That might still long be enough to prevent market timing trading, but it improves the utility of the token which maybe helps improve price.

Sometimes a family needs funds because a bad situation and having to wait 10 days is not possible. So some people will refrain from staking when they otherwise would.

MEX unstaking time without penalty is 2-3 days, so I'm curious if eGLD could be shorter or if there are different considerations that prevent this.

#blockchain #cryptocurrency #elrond #english

0

14.04.2022

2 ответов

11 просмотров

Pa⃨w⃨s⃨ -⃨ I WILL NOT DM/CALL

As per the protocol. The 10 day unbonding period for active delegation and Staking is clearly defined before people enter it. Here is a quick explanation. After the unStake function is called, funds might still be locked for delegation for several epochs, depending on system load ratio. For this reason, funds will remain locked in the ASC for 10 epochs. So it's to ensure the smooth running of the blockchain. It could be changed via governance in the future, but let's see. Simply put, it is for the security of the network. If people were chopping and changing all the time that could make the network unstable and possibly nodes not having enough stake on them during epoch change and they would therefore lose their node and would have to restake and go to the back of the queue.

0

14.04.2022

Hydraliskz · Accepted Answer

Hydraliskz

Hmm $Luna 21 days unstaking time disagrees

0

14.04.2022

210 похожих чатов

Has Elrond team considered the pros and cons of a

2 ответов

Похожие вопросы