Not true, they can begin withdrawing after 7 days and each 7 days thereafter for 13 or more weeks.
13 weeks - 3 months ...
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Not true, they can begin withdrawing after 7 days and each 7 days thereafter for 13 or more weeks.
13 weeks - 3 months ...
You do realize that 1/13 of the stake becomes liquid after 7 days, correct? And just like my comment above clearly states, another 1/13 becomes liquid each 7 days until 13 weeks is reached OR the user cancels the power down.
It's common for users, especially those with higher stakes to keep their stake in a power down to live off from weekly, just like receiving a weekly paycheck from a job...
All the stake is withdrawn after 3 months. From an investor's point of view, the price of the Hive could skyrocket (or maybe dump asf) in that amount of time. And the worst part of the case is that each week he will receive only one-thirteenth of the entire stake he is taking out.
Are you sure you know how an investment works? 3 months is a lot of time for an investor to just withdraw his money.
Investments work in many different ways, depending on the investment. The fact is... the whole stake is NOT locked for 13 weeks. Do you understand this? Or, are you going to play semantics until you come out the winner?
Hahaha, this is very funny.
Wdym? I don't need to win.