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It can be done sometimes you need to lock DOT for 120 days.
A lot can happen in 120 days case in point, the DOT fell from an all-time high of $55 to a low of $17 on this timeframedown 69%. This makes it important to evaluate options and consider staking providers that can yield yields without enduring long lockup periods or watching cryptocurrencies fall hopelessly in value. It poignantly shows why.
In some cases, it can take 28 days to unbind from a validator node and in others, you can choose from fixed durations of 30, 60, 90, or 120 days.
However XGo We are completely rethinking this approach. There is no withdrawal lock-up or unencumbered period on this platform. In other words, you have complete control. Even better, rewards are paid daily and you can transfer your assets at any time.
Given the growing fear in the crypto market and the many uncertainties caused by the Federal Reserve’s mandate to raise interest rates to combat rampant inflation, this much-needed flexibility , helps keep the HODLer in the driver’s seat.
