What is lock time?
Lock time refers to the period during which your staked tokens cannot be moved, traded, or withdrawn. Many proof-of-stake blockchains require this as part of their security model. While your tokens are locked, they continue to earn rewards, but you cannot access or spend them until the lock time ends.
Why lock time existsβ
Network security - ensuring validators and delegators stay committed to the network.
Stability - prevents sudden withdrawals that could destabilise the blockchain.
Reward distribution - guarantees fairness in how rewards are calculated and paid out.
How lock time worksβ
You stake tokens with a validator.
The tokens are locked for a set duration (varies by blockchain).
During this time, you cannot transfer or swap them.
After the lock time ends, you can unstake and regain full control.
Some networks also include an unbonding period after unstaking, which further delays when your tokens become liquid again.
Lock time in Wraith Walletβ
Wraith Wallet shows you the required lock time before you confirm staking.
Lock time depends on the blockchain, not the wallet itself.
Tokens remain in your wallet, but they cannot be moved until the lock time and any unbonding period end.
Key points to rememberβ
Lock time is the period when staked tokens cannot be withdrawn or moved.
It exists to protect the stability and security of proof-of-stake blockchains.
Wraith Wallet displays lock times clearly before you commit to staking.
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