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RE: Single token, simplification?!
Decred has 28 days and here is another exchange offering staking without any lock up. They do disclose that there will be a withdrawal queue and you may have to wait to withdraw, so we will have to see how it works out, but I would be surprised if there were ever a long waiting period on the queue (if any at all), and certainly not 28 days.
https://www.kucoin.com/news/en-decred-soft-staking-official-rules
Thank you for taking time to bring these to me.
"Staking" on exchanges really strikes me as legacy financial system with crypto mask.
That aside, we can also see this as the customer "delegating" their stake to exchanges in the first place. "Not your keys, not your coins".
I agree with you but its the reality of the environment.