What are the coins you mention that has few weeks unstake time? I believe your statement is true. I just want to know what other coins has long stake periods.
RE: Single token, simplification?!
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Single token, simplification?!
Tezos has 2 weeks. Cosmos has 3 weeks. There are many others of course but those are the big ones I know about.
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Decred has 28 days and here is another exchange offering staking without any lock up. They do disclose that there will be a withdrawal queue and you may have to wait to withdraw, so we will have to see how it works out, but I would be surprised if there were ever a long waiting period on the queue (if any at all), and certainly not 28 days.
https://www.kucoin.com/news/en-decred-soft-staking-official-rules
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Thank you for taking time to bring these to me.
"Staking" on exchanges really strikes me as legacy financial system with crypto mask.
That aside, we can also see this as the customer "delegating" their stake to exchanges in the first place. "Not your keys, not your coins".
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I agree with you but its the reality of the environment.
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