Could you please elaborate on what exactly occurs once the ENS registration period expires? I'm curious to know if there's a renewal process involved, or if expired names become available for others to register. Also, are there any consequences for not renewing an ENS name in a timely manner? Would it be possible to regain ownership of an expired name, and if so, what would be the steps involved? Additionally, are there any fees associated with renewing or reclaiming an ENS name? Thank you for clarifying these points for me.
7 answers
EnchantedNebula
Fri May 31 2024
This premium structure encourages quick action and ensures that the name does not remain unregistered for an extended period. It also serves as a deterrent for speculative registrations.
EchoWhisper
Fri May 31 2024
The 90-day window provides a cushion for the owner to take necessary actions and avoid permanent loss of the name. It serves as a reminder and an opportunity to rectify the situation.
Giulia
Fri May 31 2024
During this grace period, the original owner is free to renew the name, preserving their rights and preventing its release to the public.
TaekwondoPower
Fri May 31 2024
Once the 90-day grace period elapses, the name becomes available for registration by anyone interested. This opens up new possibilities for those seeking to acquire the expired name.
StormGalaxy
Fri May 31 2024
However, registration is not without cost. A temporary premium is required, which gradually decreases over a period of 21 days.