Cryptocurrency Q&A
How long is Luna locked?
How long is Luna locked?
Martino
Fri Jun 28 2024
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5 answers
1039
Could you elaborate on the duration of Luna's lock-up period? I'm curious to understand the specific timeframe during which Luna tokens are not available for trading or withdrawal. Is it a short-term lock-up, such as a few days or weeks, or is it a longer-term commitment, spanning months or even years? Additionally, are there any specific conditions or circumstances that could potentially affect the duration of the lock-up? Clarifying these details would help me gain a better understanding of the liquidity and accessibility of Luna tokens.
5 answers
Sara
Sun Jun 30 2024
This unbonding process requires a duration of 21 days to finalize completely.
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Martina
Sun Jun 30 2024
During this 21-day period, the unbonded Luna tokens are not transferable or tradable on any exchange.
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BlockchainBaron
Sun Jun 30 2024
Additionally, no staking rewards are accrued on the unbonded Luna tokens during this period.
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Luca
Sun Jun 30 2024
Once the unbonding process is completed, the funds become available for withdrawal. However, they are locked for a further period of 21 days after undelegation.
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BitcoinBaroness
Sun Jun 30 2024
Delegators have the option to unbond or unstake their Luna tokens via the undelegate function offered in Station.
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