what happens after Provide PRV expiration?

If PRV is tied up for a year and the term expires, can anyone confirm what happens after that? Does the PRV continue to accrue interest at the day rate instead?

And if I wanted to restake, does that mean I have to withdraw it (which the app says could take up to a week) and then re-provide the PRV for another year?

Thanks for any clarification that can be provided.

Locked PRV (at the end of the term) will automatically be returned to non-lock terms. You can then do as you wish with the funds, like withdraw them to your wallet or set it lock again.

Thanks Jared, to clarify, then it is also possible to re-lock the funds again without first withdrawing?

Yes, you can totally re-lock PRV without withdrawing @wlsincog