🛑How to Unstake Your AVAIL
How to unstake your AVAIL tokens!
You must wait 28 days AFTER completing the unstaking transaction before you can redeem your AVAIL tokens. This period is set by the Avail protocol itself and is not something set by Nova Wallet.
AVAIL which is undergoing the unstaking process does NOT earn any staking rewards.
When you stake tokens on Avail you agree to have your tokens "locked" in staking for 28 days.
When you wish to unstake your tokens, you must wait for the entire duration of the Unstaking/Unboding Period to expire before you can redeem your tokens.
Step 1: Unstaking Process
Open the Nova Wallet application.
Select
the Staking screen.Select
your staking position, in this case, would be Avail AVAIL.From the Avail staking screen
select
Unstake.Input
the amount of AVAIL tokens that you wish to unstake and thenselect
Continue.Review all the contextual information including any associated fees and
select
Confirm.
You have now started the 28-day unstaking process. You must wait 28 days before you can redeem your AVAIL tokens.
You are able to cancel the unstaking process at any time from the Avail staking screen.
Step 2: Redemption Process
Open the Nova Wallet application.
Select
the Staking screen.Select
your staking position, in this case, would be Avail AVAIL.From the Avail staking screen
select
Redeem.Review all of the contextual information including any associated fees and
select
Confirm.
You will now receive the amount of AVAIL that you previously chose to unstake.
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