Quote from: Zurcermozz on February 26, 2020, 04:07:30 AM

Quote from: Henrytrust on February 26, 2020, 03:24:51 AM

Quote from: nxnqauff on February 25, 2020, 10:06:43 PM

Quote from: Henrytrust on February 22, 2020, 08:53:46 AM

I personally believe that the lockup period of 6 months is too long. I know some projects even offer lock up period of one year, but I would prefer if there are several options as it relates to the lock up period to give investors the opportunity to make their choices.

Lock up period of 6 months of long. But why it is like that? Means one cannot get back the coins for these months once they started staking?

Generally, when a token is staked, you don't get to withdraw the tokens. Some projects gives you the privilege to withdraw, but you'll forfeit some percentage of the earnings while others as the case of breeze coin doesn't give you the opportunity to make any withdrawal for the staking duration.

Hmm I see, so basically we really need to wait for 6 months just to earn the things we invested? but if its for the greater good, I will not withdraw it as long as I can trust the project about it. Or not, correct me if I am wrong.

Your interest is actually added monthly, specifically on the last day of every month. But you'll have access to liquidate the investment after six months where you can either withdraw the interest and capital or carryout another six months staking option. Staking is a great source of income, when you're sure that the project can be trusted to stand the test of time.