Many members of the Terra Classic community still ask what “unbonding” means when it comes to staking their LUNC tokens.
In simple terms, unbonding refers to the process of unstaking tokens that were previously delegated to a validator. When you choose to unbond, your tokens are placed in a locked state. During this period, you cannot transfer, sell, or use them, and you also stop earning staking rewards.
Once the unbonding process is complete, your tokens are released and become fully available again.
How Long Is the Unbonding Period on LUNC?
On Terra Classic, the unbonding period is 21 days. This means it takes three full weeks before your tokens are accessible after you undelegate them from a validator.
This parameter has been in place since the early design of the network to maintain stability and security. According to Terra’s documentation, the waiting time is intended to prevent sudden large-scale withdrawals that could impact validator performance and overall chain security.
Why Does the Unbonding Period Matter?
The unbonding period introduces a form of commitment for delegators. While this provides stronger network security, it also means token holders must plan ahead if they need liquidity.
As noted by Staking Rewards, the 21-day lock is considered a risk for investors who may need quick access to funds. A Reddit user summed it up well: “21-day unbonding period. Basically you will not receive rewards for 21 days after you undelegate.”
Key Takeaway
● Unbonding is the unstaking process of LUNC.
● It lasts 21 days, during which your tokens are locked.
● No rewards are earned during this period.
● Tokens are available again only after the waiting time ends.
For anyone staking LUNC, it is important to understand this rule so you can manage your tokens effectively and avoid surprises when planning to move or trade them.