Expirations
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Last updated
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Once a name expires, a 90-day is started, during which the original owner still has the exclusive right to and keep the name. If the original owner does not renew it before the end of the 90-day grace period, the name then becomes available for someone else to register during the premium period. You will have to extend the registration up to the current date to remove a name from its grace period. For example, on the very last day of the grace period, the name would have to be renewed for a minimum of 90 days to remove it from the grace period.
After the 90-day grace period ends, the name becomes available for registration by anyone with a temporary that decreases over the course of 21 days. The released name will continue to resolve your ETH address until it is overwritten by the new owner. The premium beyond the normal registration price for any name starts at $100,000,000 the moment the name exits the grace period and decreases exponentially to $0 over a period of 21 days. So after 21 days the cost to register is the normal price of registration (e.g. $5/year for 5+ character names).
