Excuse me, I'm a bit confused about the unstaking process for ZIL. Could you clarify for me how many days it typically takes to unstake ZIL? I've heard that there's a locking period involved, but I'm not entirely sure how long it lasts. I'm considering unstaking some of my ZIL holdings but would like to have a clear understanding of the timeline involved before I proceed. Could you provide me with a rough estimate or the exact number of days if possible? Your assistance in this matter would be greatly appreciated.
8 answers
Moonshadow
Mon Jul 01 2024
The first step involves executing a transaction to unbind the funds you wish to unstake.
BlockchainVisionary
Mon Jul 01 2024
After the confirmation period has elapsed, you can proceed to the next step.
SolitudeSeeker
Mon Jul 01 2024
Once this transaction is initiated, it enters a waiting period for confirmation.
TaegeukChampionCourageousHeart
Mon Jul 01 2024
The confirmation process takes approximately 30,800 blocks to complete.
Sofia
Mon Jul 01 2024
To unstake ZIL and leave a 10 ZIL unspendable balance for a validator, you must initiate a specific process.