Unstake & redeem funds
Unstake your tokens & redeem your funds on SubWallet.
Last updated
Unstake your tokens & redeem your funds on SubWallet.
Last updated
With liquid staking, once you have successfully unstaked your minted token, your redeemed funds will be in the unstaking queue. This means the funds will only arrive in your account once it's your turn.
Depending on the market conditions (particularly the liquidity), your turn can come sooner or later than expected, but it won't exceed the maximum unstaking period (28 days for DOT, 7 days for MANTA).
You can speed up the process by choosing to unstake immediately (i.e., "lightning mode" on the Bifrost app or "Fast unstake" in SubWallet). Although this option is much faster (as you won't have to wait for the unstaking period), the funds you redeem will be less than the normal unstake option, as you have to pay a more significant fee to get your funds ahead of others in the unstaking queue.
Step 1: Open the SubWallet extension and choose the "Earning" tab at the bottom of the screen. In the Your earning positions screen, select the funds you want to unstake.
Step 2: Click "Unstake" to start the unstaking process.
Step 3: Enter the amount you want to unstake, then click "Unstake" to proceed.
If you wish to unstake a portion of your minted tokens, ensure the remaining amount you continue to stake is higher than the minimum required active stake; otherwise, you won't be able to perform the action.
Step 4: Check the information and confirm your request by clicking "Approve".
Step 5: Your request has been submitted!
You can either click "Back to home" to return to the homepage or "View transaction" to see transaction details in the History tab.
Step 1: Open the SubWallet extension and choose the "Earning" tab at the bottom of the screen. In the Your earning positions screen, select the funds you've previously unstaked.
Step 2: In the Earning position details screen, click the "Withdraw" button under the Withdraw info section to start the withdrawal.
Step 3: Click "Continue" to proceed.
Step 4: Check the information and confirm your request by clicking "Approve".
Step 5: Your request has been submitted!
You can either click "Back to home" to return to the homepage or "View transaction" to see transaction details in the History tab.