Staking/Unbond common questions

March 22, 2022About 1 min

Staking/Unbond common questions

1. How do validators/nominator increase/decrease staking?

On the web browser, navigate to:

  1. Go to Network-Stakign-Account Operation, find the account you want to operate.

  2. On the right side of the account, click the symbol, and select according to your needs in the menu:

  3. "Bond more": used to increase staking

  4. "Unbound funds": used to reduce pledge

  1. In case after clicking Unbind Funds, an interface for unbinding funds appears, select the amount you want to unbind, and click Unbind.

注意

To release the staking, you need to wait 14 days. After 14 days, you need to go to Figure 1 and choose to withdraw the bound funds. Or perform withdrawal of bound funds on the account page

2. "The election of new validator candidates is currently underway. Because such staking operations are not allowed."

In the Network-Staking-Account Operation page, sometimes you will see such information

注意

The election of new validator candidates is currently underway. So such staking operations are not allowed.

This is because there is half an hour every day to elect the block producer for the next day. During the election process, pledge-related operations cannot be performed.

Operate outside of this period (approximately between 10:00~10:30AM (Peking time)).

3. How to exit the validator

Go to Network-Staking-Account Operation, find the account you want to operate, and click the "Stop" button on the right side of the account.

4. How to release the staking in the council

When you vote for the council candidates on the page of democracy-council, DBC will be staked to this module, and you need to manually cancel the vote to unbind.

5. How to release the staking in democracy

5.1 Go to Subscanopen in new window to query your own democratic voting records

subscanopen in new window

  • 5.2 On the Developer-Transaction page, select democracy-removeVote and execute.

  • 5.3 Then, on the Developer-Transaction page, select democracy-unlock and execute.

6. How to withdraw a candidate from the committee

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