Staking maturity refers to the minimum amount of time that coins must be held in a wallet before they become eligible to participate in staking and earn rewards.
In LanaCoin’s Case:
- Minimum Stake Age: 7 hours
- This means that after receiving or moving LANA coins, you must wait at least 7 hours before those coins can be used to generate a staking reward.
🔄 Why Does Maturity Matter?
- Prevents abuse: It stops users from constantly moving coins to try to game the staking system.
- Encourages holding: Users are incentivized to keep coins in their wallet for longer periods.
- Stabilizes the network: It ensures a more consistent and fair staking process.
✅ How to Check If Your Coins Are Mature
In most wallets (including LanaCoin’s desktop wallet), you can:
- Look at the “Stake” or “Coin Age” column.
- Coins that are not yet mature will not contribute to staking weight.
- Once mature, they will begin participating in block creation.