More information about it will be provided on launch day. Rewards should accrue daily but the staking program is for 60 days from the 23rd of may
Will tokens locked for 60 days? Or tokens can be moved whenever needed?
Hello, mate! The tokens that are staked through Astrax will be subject to a lock-up period of 60 days. During this time, the staked tokens cannot be moved or withdrawn. This lock-up period ensures the stability and integrity of the staking program and prevents any immediate or frequent movement of the staked tokens.
Either you’re wrong or I’m reading it wrong. “This reward will take into account the effective time of the fund's custody within AstraX mobile. Users will receive the 30% APY (5% net reward) only if they keep the funds on AstraX mobile for 60 days. Should AstraX mobile users keep their funds for a shorter period than 60 days, starting May 23rd until July 22nd, they will receive an adjusted reward which corresponds to the custody period on AstraX mobile.” You can remove funds before, they will receive an adjusted reward corresponding to the period.
Exactly mate there is no locking mechanism here, unusual way to do staking as the tokens are not registered and locked in a staking pool. I guess no tech resources to do it?
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