Unstake ALT

To unstake your tokens, follow the steps described below.

Step 1: To unstake the token, click on the “Portfolio” tab. You can see the comprehensive details of your ALT stake in this tab, which includes total staked balance, reward APR, staked token balance and status.

Step 2a: Unstaking is a two-phase process, you have to initiate cooldown for unstaking before redeeming the unstaked assets after the cooldown period is over. To initiate the unstaking process, click on the “Unstake” button in the “Portfolio” tab. Now, input the amount of reALT you wish to convert back to stALT, and click on the "Convert" button and confirm the transaction in your wallet.

Afterwhich, you can click on the “Cooldown” button and confirm the transaction in your wallet. Note that the unstaked tokens have to enter a 21 days cooldown period before they get unstaked and return to your wallet. Moreover, rewards will not accrue on the token during the cooldown period.

Step 2b: Once the cooldown period has passed, click on the “Redeem” button. Input the amount to be redeemed and confirm the transaction in your wallet. And your unstaked amount should return to your wallet.