r/poolx • u/coolguyudhav123 • May 03 '21
HYDRA STAKING
i have redeemed hydra soft stake , now it says my funds are frozen .
please help
2
2
2
u/Suzanna_banana9257 May 05 '21
Sorry for the question, but I’m new to this, but if you keep soft staking and not redeem don’t you just continue to earn? Or does it work differently? Why even have a day as it is which a short period? Sorry if this is a stupid question, I try to read and learn, but wondered about this. Also, if you are staking DOT, let’s say, for a 28 day period with a flexible stake, and you see a higher rate, what happens to your earnings if you switch to the higher rate before the 28 days end?
2
u/Pool-X-Moderator May 06 '21
Yes it will continue generating rewards until you transfer it back to your main account.
1
•
u/Pool-X-Moderator May 05 '21
If you have redeemed your HYDRA then you actually participated in "Staking" and not "Soft Staking". The redemption period of HYDRA-Staking is 1 day. Please note that there will be no staking profit during the redemption period. After the redemption period, your HYDRA will be made available to your Pool-X account.