Lock time
Last updated
Last updated
Each staking pool on APY.fun has a lock time of typically 5 days, which is currently set by the platform admin. In the future, the lock time might be decided by each community.
The 5-day lock time is inspired by bonds. It strikes a balance between giving users enough freedom with their coins while ensuring they commit to holding for at least a few days. This helps stabilize the pool and the token's value.
If you already have tokens staked and deposit more, your lock time will reset, meaning you’ll need to wait another 5 days before you can withdraw. However, you can still harvest your rewards while your tokens are locked.
