Veno Finance
  • Veno Finance
  • Introduction
  • Veno
    • Litepaper
    • Roadmap
    • Tokenomics
  • Protocol
    • Liquid CRO Staking
    • Liquid ATOM Staking
    • Liquid TIA Staking
    • Liquid ETH Staking
    • Reservoir
    • Fountain
      • Early Withdrawal
    • Veno Garden
    • CRO Liquidity Strategy
    • Staking APY
    • Dashboard
    • Fees & Rewards
    • VNO Buyback & Burn Program
    • Our Ecosystem
    • Drought Events
    • Security & Audits
    • Validator Nodes
  • User Guide
    • Liquid Staking
      • How to stake
      • How to unstake
      • How to use LCRO/LATOM on Ferro to earn rewards
      • How to claim tokens from NFT
    • Earning with Veno
      • How to earn with the Reservoir
      • How to earn with the Fountain
      • How to earn with Veno Garden
        • Ferro Garden
        • VVS Garden
        • Tectonic Garden
        • How to hire & fire helpers
    • Fountain - Early Withdrawal
      • How to withdraw early in Fountain?
      • How to claim Fountain Penalty Fees?
    • How to stake CRO to Veno on Crypto.com OnChain?
    • How to buy CRO with fiat
    • Learn with Veno
  • Additional
    • Team Wallets
    • Contract Addresses
    • Developers Resources
    • Risk Disclosure
    • Brand Guideline
    • Community
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  1. User Guide
  2. Liquid Staking

How to unstake

PreviousHow to stakeNextHow to use LCRO/LATOM on Ferro to earn rewards

Last updated 1 year ago

Using CRO Staking as an example:

Step 1: Click the Staking tab and navigate to Unstake CRO.

Step 2: Input the desired LCRO amount for unstaking.

Note on Unbonding Period

Unstaked CRO

Your CRO will undergo at least a 28 days unbonding period upon unstaking. The unstaking requests are being processed in 4 day batches. Resulting in the total unstaking time might go up to 32 days.

Unstaked ATOM

Your ATOM will undergo at least a 21 days unbonding period upon unstaking. The unstaking requests are being processed in 3 day batches. Resulting in the total unstaking time might go up to 24 days.

Unstaked ETH

It may take up to 7 days to complete the following unstaking process before you can claim your ETH:

  • Batching (1-2 days): LETH unstaking requests are processed in 2 day batches. The withdrawal process starts once a batch is finalized at the end of the 2nd day. If you unstake on the 1st day of the 2 day batch, you will only have to wait for 1 day of processing period before the batch is finalized.

  • Withdrawal (1-5 days on average): The withdrawal period is the time it takes to withdraw your ETH from the staking pool on Ethereum. Usually this takes 1-2 days. However, as the pool processes withdrawals on a first come first serve basis, this period can take longer if a large amount of ETH has been requested for withdrawal.

  • Claimable: Once the ETH has been withdrawn on Ethereum, Veno bridges it back to zkSync Era, ready for you to claim.

Step 3: Click Unstake to proceed.

Step 4: Review the amount to unstake, the withdrawal fee and the expected unlock date. Click Confirm unstaking to submit the request

Step 5: Confirm the transaction on your wallet.

Step 6: When the transaction is completed, you will receive a NFT which represents your share of CRO when it is undergoing its unbonding period. You can either hold this NFT until expiry or sell it on Minted to others.

Step 7: Click View NFT to browse on Minted.