Cryptocurrency Q&A Why is my CRO locked?

Why is my CRO locked?

SsamziegangStroll SsamziegangStroll Sat Dec 14 2024 | 5 answers 1295
I'm trying to understand why my CRO is locked. I can't seem to access or use it at the moment and I'm wondering what could be the possible reasons for this. Why is my CRO locked?

5 answers

Federico Federico Mon Dec 16 2024
The lockup period is a crucial aspect when staking CRO.

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TopazRider TopazRider Mon Dec 16 2024
When you decide to stake your CRO tokens, they will be locked for a duration of 28 days.

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Elena Elena Mon Dec 16 2024
This lockup period ensures that your staked CRO cannot be accessed or transferred during this time.

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Pietro Pietro Mon Dec 16 2024
It is important to factor in this lockup period when devising your staking strategy.

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DondaejiDelightfulCharm DondaejiDelightfulCharm Sun Dec 15 2024
In terms of staking rewards, CRO staking offers periodic distributions to its stakers.

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