Is there a minimum amount of time required to stake my NXM tokens in order to receive rewards from Nexus Mutual?
Yes, there is a minimum amount of time required to stake your NXM tokens in order to receive rewards from Nexus Mutual.
The minimum amount of time required is 28 days. This means that you must hold your NXM tokens for at least 28 days before you can start receiving rewards from Nexus Mutual. The reason for this is that Nexus Mutual uses a staking system to reward its users for providing liquidity and helping to secure the network.
By staking your NXM tokens, you are essentially locking them up for a certain period of time and in return, you will receive rewards in the form of additional NXM tokens. The 28-day minimum staking period is designed to ensure that users are not able to quickly move their funds in and out of the platform in order to take advantage of short-term price fluctuations. This helps to maintain the stability of the network and ensures that users are rewarded for their long-term commitment to the project.
