đHow to Unstake Your KSM
How to unstake your KSM pool staking tokens!
Last updated
How to unstake your KSM pool staking tokens!
Last updated
You must wait ~7 days AFTER completing the unstaking transaction before you can redeem your KSM tokens. This period is set by the Kusama protocol itself and is not something set by Nova Wallet.
KSM which is undergoing the unstaking process does NOT earn any staking rewards.
When you stake tokens on Kusama you agree to have your tokens "locked" in staking for 7 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.
Open the Nova Wallet application.
Select
the Staking screen.
Select
your staking position, in this case, would be Kusama KSM.
From the Kusama pool staking screen select
Unstake.
Input
the amount of KSM tokens that you wish to unstake and then select
Continue.
Review all the contextual information including any associated fees and select
Confirm.
You have now started the 7-day unstaking process. You must wait 7 days before you can redeem your KSM tokens.
You are able to cancel the unstaking process at any time from the Kusama staking screen.
Open the Nova Wallet application.
Select
the Staking screen.
Select
your staking position, in this case, would be Kusama KSM.
From the Kusama pool staking screen select
Redeem.
Review all of the contextual information including any associated fees and select
Confirm.
You will now receive the amount of KSM that you previously chose to unstake.