Definition ∞ Epoch based locking is a mechanism where assets or participation rights are committed for a defined period, known as an epoch, within a blockchain protocol. During this epoch, the locked assets are typically used for staking, governance, or other protocol functions. Users cannot withdraw or transfer these assets until the current epoch concludes. This system provides stability and predictability for network operations and incentive structures.
Context ∞ Epoch based locking is a common feature in proof-of-stake blockchains and decentralized finance (DeFi) protocols, particularly for staking and liquidity provision. Discussions often concern the optimal length of epochs, the rewards associated with locking, and the implications for user liquidity and network security. The design of these locking periods significantly influences validator participation and overall protocol stability.
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