Deleting, Unstaking & Withdrawing
Co-Staking operates as a smart contract on the blockchain, allowing device owners to invite co-stakers to contribute to their stake in exchange for a share of block rewards.
Table of Contents
Deleting a Co-Staking Offer
- If you unstake part of your contribution while co-staked, you are not subject to a cooldown period.
- If a co-staker cancels their stake, you have 7 days to cover the remaining portion or create a new co-staking offer.
- During this 7-day period, your device continues fulfilling staking requirements for block reward eligibility.
Your device must still meet all other criteria.
Steps to Delete a Co-Staking Offer:
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Go to the Manage Your Stake & Devices block, where all your staking devices are listed, and click the three dots next to the desired device.
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Select Delete a Co-Staking Offer from the dropdown list.
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In the pop-up, confirm by clicking the Retract My Co-Staking Offer button to complete the process.
If you unstake first:
- If your stake remains above the minimum requirement, there is no impact.
- If your stake falls below the requirement, the system automatically unstakes for the co-staker. In this case, all funds enter the 14-day cooldown period.
Unstaking
You can cancel a stake at any time.
- Unstaking takes 14 days.
- You must unstake the entire amount, which stops counting toward the Minimum Required Stake immediately.
- You cannot restake until the process is complete.
How to Unstake Your Device:
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Go to the Manage Your Stake & Devices block, where all your staking devices are listed, and click the three dots next to the desired device.
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Select Unstake from the dropdown list.
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In the pop-up, confirm by clicking the Unstake button to complete the process.
If an unfilled co-staking offer exists for the selected device, retract your offer before unstaking.
Withdrawing Overflow
Overflow refers to funds exceeding your initial stake that can be withdrawn separately, while your original stake remains locked until the unstaking process is complete.
How to Withdraw Overflow:
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Go to the Manage Your Stake & Devices section and select the Co-Staked Devices tab.
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Find your device, click the ellipsis, and select Withdraw Overflow from the dropdown menu.
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To confirm, click Withdraw Overflow. You can only withdraw overflow funds, not the main staked amount.
You can only withdraw overflow funds, not the main staked amount.
Updated 2 days ago