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API3 DAO Advises Stakers to Unstake After Staking Rewards End

Staked tokens can be withdrawn through a seven-day process, while previously earned rewards continue vesting on their existing schedule.

By Simon Yoon
Published
A metal token rests at the edge of a clear basin / TokenPost.ai
A metal token rests at the edge of a clear basin / TokenPost.ai

The API3 DAO has advised holders of its API3 token (API3) to start unstaking after proposal #17 passed and staking rewards ended.

Staked tokens can be withdrawn through a seven-day unstaking process.

The previous staking contract will no longer receive maintenance.

Rewards earned before the program ended will continue vesting on their existing schedule. API3 is a decentralized platform that connects smart contracts with real-world data and off-chain APIs. Its DAO gives token holders governance rights over proposals.

Simon Yoon

Reporter

Simon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.

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