Before staking, it is important to get acquainted and be familiar with the terms used in the Stake page.
Available to Unstake - amount in $stEWT which can be unstaked
Exchange Rate - the exchange rate between $EWT and $stEWT
Unstake Fee - the amount to be paid as fee in executing an unstake request
Transaction Cost - network fee required to process the staking transaction
Schedule Unstake
To unstake, simply navigate to the "Unstake" tab.
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.
Unstake amount input
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.
Unstake confirmation dialog
Confirm the transaction in your wallet.
Scheduled unstake is pending approval
Scheduled unstake is executing
Request for scheduled unstake is submitted and is currently in progress
After successfully executing the transaction, "Available to Unstake" amount will be updated.
Available to Unstake amount is 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.
