Unbond Funds
Last updated
Last updated
The Unbond Funds feature allows users to unstake tokens bonded to a validator, offering flexibility to adjust their staking participation. Users specify the token amount, authorize the transaction using their wallet's mnemonic phrase, and submit the request. After the network's unbonding period, the tokens become available for withdrawal. This secure and user-friendly feature ensures validators and delegators can efficiently manage their stakes while complying with network protocols.
This section shows the total number of staked tokens that can be unbonded by the user (e.g., 10,000,000 TICS).
Users can specify the exact number of tokens they want to unbond by entering the amount in the provided input field.
This feature allows users to automatically fill the input field with the maximum number of tokens eligible for unbonding, simplifying the process for those who wish to unbond all their staked funds.
Displays a mandatory waiting period during which the unbonded tokens remain locked before they become available for withdrawal. For example, the notification might state an unbonding period of 10 minutes.
For secure authorization, users must enter the mnemonic phrase associated with their wallet. Copy Icon: This feature allows users to paste their mnemonic phrase easily, ensuring convenience and reducing the chance of errors during input.
This button finalizes the unbonding process. Upon clicking, the user’s connected wallet will prompt them to confirm the transaction and pay the required gas fees. Once confirmed, the unbonding process is initiated, and the user can track the progress until the tokens are fully unbonded and ready for withdrawal.