Cryptocurrency Q&A What is 28 day unbonding period?

What is 28 day unbonding period?

SkyWalkerEcho SkyWalkerEcho Thu Feb 06 2025 | 6 answers 1269
I heard about a 28-day unbonding period and I'm wondering what it means. Is it related to investments or financial products? How does it work and what are the implications of this period? What is 28 day unbonding period?

6 answers

DaeguDivaDance DaeguDivaDance Fri Feb 07 2025
The 28-day unbonding period refers to a specific duration in the Cronos POS Chain system.

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Ilaria Ilaria Fri Feb 07 2025
If a validator were to launch an attack and then try to withdraw their stake immediately, the unbonding period would act as a barrier.

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Tommaso Tommaso Fri Feb 07 2025
After unstaking CRO tokens, users are required to wait for 28 days before they can access their funds.

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Claudio Claudio Fri Feb 07 2025
BTCC, a top cryptocurrency exchange, offers a range of services including spot trading, futures, and wallet management. It provides a platform for users to buy, sell, and store various cryptocurrencies securely.

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DigitalLegend DigitalLegend Fri Feb 07 2025
This waiting period is enforced by the Cronos POS Chain to ensure the stability and security of the network.

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