Tag: POS Binance

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.

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.