Schedule unstake

Understanding the terms in the display

Before staking, it is important to get acquainted and be familiar with the terms used in the Stake page.

  • Available to Unstake

  • Exchange Rate

  • Unstake Fee

  • Transaction Cost - Network fee required to process the staking transaction.

Schedule Unstake

To unstake, simply navigate to the "Unstake" tab.

Input amount to unstake. Then, click the "Decrease Stake" or "Unstake" button to continue.

To decrease stakes, simply input a portion of your current active stakes in a particular collator to be unstaked.

A confirmation screen will be displayed. Review the details as displayed and ensure that the checkbox is ticked. Click the "Confirm" button to initiate the transaction.

Confirm the transaction in your wallet.

After successfully executing the transaction, Available to Unstake amount will be updated.

The transaction will also appear in the "Pending" tab showing further details. Once the transaction is confirmed by the EWX pallet, the details will further display when a particular transaction will become redeemable. Depending on the EWX pallet, the total unstake amount may be divided into multiple chunks with an estimated ERA when it can become claimable.

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