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RE: Crypto Academy Contest / S1W3 – Blockchain through the concepts by @mccoy02
Thank you fir the info. I found staking very interesting. It is liike buying gold shares for the long term.
Is there an ideal period you must allow for staking or is it up to the user? In ofher words, is staking for the long term?
Staking period are mostly stipulated by blockchain network for example a user can stake BNB on trust wallet such user will only be able to unstake after a period of 30 days some platform allow users to unsake after 9 days this means after stipulated staking days a user can choose to unstake their staked token thanks for stopping by.
Ah okay! Thank you for the explanation.