Icx staking exit / resume

Hey, I would like to ask about staking - is it by default one year? Can one stake for instance 1 year and 2.5 months and exit afterwards receiving appropriate rewards. Or is it just “frozen” exactly every 12 months.
I am wondering how the market will shape out and either thinking about longer staking (but not a full year or earlier exit)

Thank you !

1 Like

Here’s an article on staking icx… In the FAQ is info on the lockup period.
https://www.icxstaking.com/
I use a Ledger for icx webwallet. Staking is also available on iconex mobile wallet. I’malso testing out the new Velic exchange. Using Velic there is no lock up period while earning rewards. You can buy, sell, or trade your staked ICX anytime. Hope this helps…

1 Like

Thank you @FishinTx :slight_smile:
Yeah - actually seems as the most obvious one- but have not checked it yet.
Do you guys think that VELVIC is safe for that ?!!

1 Like

why is it called STAVING tho,
https://www.velic.io/?pagename=staving/stavingdetail&symbol=icx. .?
:smiley:

I would appreciate your answer and explanation.

So I have completed a month of test “Staving” Icx on Velic. Seems like all went well, besides the usual downtime for updates.
But rewards seem to be coming in like clockwork. As so why it’s called staving and not staking… we’ll here’s an article on that. https://medium.com/velicfinancial/velic-staving-service-for-staking-now-available-9f02623b7c69

Remember the saying though… Not your keys, Not your coins!

1 Like

and can you please explain how unstaking looks like (exiting with coins)
do you have to do that every year or is it possible to unstake it at any moment and (it takes between 5 - 20 days right?)


💰 YEN · YouTube ·️ YEN.CAMP 🧠