Cryptocurrency Q&A
How long does it take to unstake an axelar?
How long does it take to unstake an axelar?
Valentina
Tue Jun 25 2024
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5 answers
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Could you please elaborate on the estimated timeframe for the unstaking process of Axelar? I understand that staking involves locking up coins to support the network's security and functionality, but what is the general waiting period or duration required for the unstaking of Axelar tokens? Is there a specific period that must elapse before the coins become liquid again? Additionally, are there any factors that may influence the unstaking time, such as network congestion or transaction fees? It would be great to have a clearer understanding of this process and its associated timelines.
5 answers
Martina
Thu Jun 27 2024
The process of unstaking AXL is not instantaneous and requires a specified period of time to complete.
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JejuJoyful
Thu Jun 27 2024
This unstaking period for AXL typically spans up to seven days.
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KpopHarmonySoul
Thu Jun 27 2024
During this seven-day period, the AXL tokens remain in a pending state and cannot be used for transactions.
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PearlWhisper
Thu Jun 27 2024
Staked AXL tokens are held in a locked state, rendering them ineligible for transfer or exchange.
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Chloe_carter_model
Thu Jun 27 2024
Despite being locked, AXL tokens retain the option to be unstaked at any point in time.
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