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Claimable: Once the ETH has been withdrawn on Ethereum, Veno bridges it back to zkSync Era, ready for you to claim.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