POS Binance

Locked Staking is the process of holding funds in a cryptocurrency wallet to support the operations of a blockchain network . For more on staking, please refer to Binance Academy.

The term token lockup refers to a specific period of time in which cryptocurrency tokens cannot be transacted or traded . Typically, these lockups are used as a preventive strategy to maintain a stable long-term value of a particular asset.

Locked Staking FAQ. About early redemption: Users can choose to redeem in advance . After choosing early redemption, the principal will be returned to the spot account, and the distributed interest will be deducted from the refunded principal.