arrow-left

All pages
gitbookPowered by GitBook
1 of 4

Loading...

Loading...

Loading...

Loading...

Unbond Funds

Unbonding gives delegators flexibility and control over their staked funds. You may choose to unbond if:

  • You want to use your tokens for other purposes, such as trading or liquidity provision.

  • You wish to reallocate your stake to a different validator offering better rewards or lower commission rates.

hashtag
Check Funds Available to Unbond

The Funds Available to Unbond field displays the total number of staked TICS tokens currently eligible for unbonding. This reflects only tokens that are actively staked and not locked in any other process.

hashtag
Enter the Unbond Amount

In the Unbond Amount field, specify the exact number of TICS tokens you want to unbond. This flexibility allows you to unbond a portion of your stake while leaving the remaining tokens staked to continue earning rewards.

If you wish to unbond all your staked tokens with the validator, click the Unbond All button. This action automatically populates the field with the maximum amount eligible for unbonding.

hashtag
Confirm and Submit

Once you have entered all details, take a moment to review everything carefully:

  • Verify the Unbonded Amount to ensure it reflects your intended transaction.

  • Confirm the accuracy of your mnemonic phrase.

Click the Submit button to initiate the unbonding transaction. Your connected wallet application will prompt you to confirm the transaction details, including the amount to unbond and any associated fees. Approve the transaction to proceed.

Bond More Funds

The "Bond More Funds" feature on the Qubetics platform allows users to increase their staked TICS tokens with an existing validator, boosting rewards and supporting network security.

hashtag
Enter the Amount to Bond

In the "Enter amount" field, specify the number of TICS tokens you want to bond in addition to your existing stake. This amount will determine how much more you are contributing to the validator. Consider your overall staking strategy and ensure you leave enough tokens in your wallet for other potential transactions or fees.

If you wish to bond all available tokens in your wallet, click the "MAX" button. This will automatically populate the field with the maximum amount of tokens you have that can be bonded.

Important: The user connects using the Keplr wallet, they won’t need to enter their mnemonics. Instead, all transactions will be signed directly through the Keplr wallet, making the process faster and more secure.

hashtag
Confirm and Submit

After entering the staking amount and mnemonic, carefully review all details to ensure accuracy. Check the amount to bond and confirm that the mnemonic phrase is correctly entered.

Once you are confident everything is accurate, click the "Bond More" button to initiate the transaction. Your wallet application will prompt you to confirm the transaction details, such as the amount and associated fees. Approve the transaction to finalize the process.

hashtag
Wait for Account Update

After submitting the transaction, the platform will take some time to process and update your account. A notification below the input fields states: "Your account status may take some time to update and reflect on the dashboard".

Redelegate Funds

Redelegation allows you to transfer your staked tokens from one validator to another without waiting for the unbonding period. This provides flexibility to adjust your delegation based on validator performance, rewards, or risk preferences.

hashtag
Select the Target Validator

In the Select validator dropdown menu, choose the validator to whom you want to redelegate your staked tokens. The platform provides a list of active validators along with their details, such as commission rates and performance.

Tips for Validator Selection:

  • Low Commission Rates: Validators with lower commission rates allow you to retain a higher portion of your staking rewards.

  • High Performance: Choose validators with a good track record of uptime and no history of penalties or slashing.

  • Diversity: Consider diversifying your delegation across multiple validators to mitigate risks.

hashtag
Submit

  • Review all details before submitting:

    • Verify the selected validator is correct.

  • Click the Redelegate button to initiate the redelegation process.

Dashboard

After successfully logging in, users will be redirected to the dashboard, where they can view their stats, wallet address (associated with the mnemonics used for login), and their account balance. First-time users won’t see the latest delegations on the validator's node. To proceed, they need to click on the "Become a Delegator" button, which will take them to a list of available validators on the Qubetics Network. Once a user stakes a minimum of 50 TICS Testnet and 1000 TICS Mainnet on a specific validator, the updated delegation view will appear.

hashtag
Header Overview

The top panel of the application displays the following blockchain statistics

  • Market Cap Displays the total value of all circulating TICS tokens, reflecting the overall valuation of the Qubetics ecosystem.

  • Qubetics Price Shows the real-time market price of TICS tokens. This is essential for understanding the value of your staked and unbonded tokens.

  • Inflation The annual rate at which new tokens are created and distributed within the network. Inflation impacts staking rewards and token supply.

hashtag
Dashboard Statistics

This section provides a snapshot of the delegator's staking activity:

  • Total Rewards Displays the cumulative rewards you’ve earned through staking. Rewards are distributed periodically based on validator performance and network participation.

  • Total Stake Amount Reflects the total number of TICS tokens you’ve delegated to validators. This includes active stakes across all validators in the network.

hashtag
Validator Table

This is the central feature of the dashboard, enabling you to manage your interactions with validators effectively:

  • Name Displays the name of the validator node, helping you identify their roles and reputations.

  • Validator Address The blockchain address of the validator node ensures transparency and verifiability.

  • Bond Amount Reflects the number of TICS tokens you’ve staked with each validator.

hashtag
Recent Wallet Activities

This section provides a detailed log of your wallet’s interactions within the network. It ensures transparency and allows you to review past transactions.

  • Transaction Hash A unique identifier for each transaction. You can click the hash to view detailed information about the transaction.

  • Type Categorizes the transaction (e.g., staking, voting, unbonding, or redelegating), providing insights into your recent activities.

  • Amount Displays the number of TICS tokens involved in the transaction.

hashtag
How to Delegate or Manage Tokens

  • Delegating More Tokens

    • Click on the “Delegate More” button to view a list of available validators.

    • Review each validator’s performance metrics, including uptime, commission rates, and voting power.

circle-info

When a delegator performs a redelegation, all previously accumulated staking rewards are automatically claimed at the time of the redelegation. Future rewards will be calculated based on the new validator to whom the tokens have been redelegated. Additionally, after redelegating, the same tokens cannot be redelegated again until a 14-day redelegation cooldown period has passed. Similarly, when a delegator increases their stake (adds more tokens) to an existing delegation, any pending rewards are automatically claimed, and reward accumulation restarts based on the updated stake.

hashtag
Viewing More Transaction Details

Click on “View More” in the Recent Wallet Activities section to see a comprehensive transaction history. This includes all staking, unbonding, and governance participation activities.

Your wallet may prompt you to confirm the transaction. Approve it to finalize the redelegation.

APR (Annual Percentage Rate) Indicates the current staking yield, representing the rewards you can earn annually for staking TICS tokens. A higher APR means more potential rewards.

  • Total Supply Reflects the total number of TICS tokens available in the network, including circulating and staked tokens.

  • Rewards Earned Shows the total rewards generated from staking with a specific validator.

  • Actions

    • Bond More: Allows you to stake additional TICS tokens with the selected validator.

    • Unbond: Lets you withdraw your staked tokens.

    • Redelegate: Enables you to transfer your staked tokens from one validator to another without going through the unbonding period.

  • Status Indicates whether the transaction was "success", "pending", or "failed".

    Select a validator and specify the amount of TICS tokens you wish to delegate.

  • Bonding Additional Tokens

    • Navigate to the validator you’ve already delegated to.

    • Click “Bond More” to increase your staked amount.

  • Unbonding Tokens

    • Select a validator from the table and click “Unbond”.

    • Note that unbonded tokens will remain locked during the unbonding period, after which they will be available in your wallet.

  • Redelegating Tokens

    • Click “Redelegate” to shift your staked tokens from one validator to another.

    • Redelegation does not require an unbonding period, ensuring uninterrupted staking rewards.