Cryptocurrency Q&A How long does it take to unstake an axelar?

How long does it take to unstake an axelar?

Valentina Valentina Tue Jun 25 2024 | 5 answers 948
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. How long does it take to unstake an axelar?

5 answers

Martina 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 JejuJoyful Thu Jun 27 2024
This unstaking period for AXL typically spans up to seven days.

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KpopHarmonySoul 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 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 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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