Unstake

How to use Unstaking

  1. Click on "Unstake" in the center menu

  2. This page is for withdrawing your deposits. Here you can return your knBONE (Shibarium), for which you will receive BONE (Ethereum) tokens in accordance with the rate in the system, including rewards. There are two ways to withdraw your deposit:

    • Withdrawal request;

    • Instant withdrawal.

Withdrawal Request

When you withdraw funds through Withdrawal Request, you create a withdrawal request in the system. This request will be processed within a certain time, after which the tokens can be claimed (see Claim).

After completing this operation, you will receive an NFT of your application. You need to keep it in order to receive your funds.

  1. Go to the Unstake tab and select the withdrawal method - Request Withdraw.

  2. Enter the unstake amount:

    • In the AMOUNT input field, enter the number of knBONE tokens.

    • Click on the "Use MAX" button to use all knBONE tokens.

  3. Below the input field you will see the following information:

    • You will receive - the amount of BONE that you will receive as a result of executing a withdrawal request, in accordance with the rate in the system.

    • Exchange rate - BONE:knBONE rate in the system.

  4. Click on the Unstake button

    • If you are connected to the Ethereum network, the system will prompt you to switch to Shibarium. Click on the “Switch to Shibarium” button and confirm the action in your wallet.

  5. Wait while the system switches to another network and refreshes the page.

  6. Click on the Unstake button.

  7. Confirm the transaction in your wallet.

  8. Next, the system will display a window to confirm the operation. During this transaction, your knBONE tokens in Shibarium will be transferred to Ethereum and debited from your wallet.

  9. Click the “Confirm” button and confirm the transaction in your wallet.

    • Wait for the transaction to complete. It may take longer than the previous transactions. Popup window displays the transaction progress:

Your request has been created in the system and is awaiting execution. When it is executed, you will be able to claim your BONE tokens.

Instant Withdrawal

When you withdraw via Instant Withdraw, you will immediately receive BONE tokens without a request. The protocol charges a fee for this operation.

After completing this operation you will receive BONE to your wallet.

  1. Go to the Unstake tab and select the withdrawal method - Instant Withdraw.

  2. Enter the Unstake amount:

  3. Information will be displayed below the input field:

    • Reward fee -withdrawal fee for unstaking funds through Instant Withdraw.

    • Exchange rate - BONE:knBONE rate in the system.

  4. Click on the Unstake button

    • If you are connected to the Ethereum network, the system will prompt you to switch to Shibarium. Click on the “Switch to Shibarium” button and confirm the action in your wallet.

    • Wait while the system switches to another network and refreshes the page.

    • Click on the Unstake button.

  5. Confirm the transaction in your wallet.

  6. Next, the system will display a window to confirm the operation. During this transaction, your knBONE tokens in Shibarium will be transferred to Ethereum and debited from your wallet.

  7. Click the “Confirm” button and confirm the transaction in your wallet.

BONE tokens are credited to your wallet on the Ethereum network. Unstaking complete!

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