Exiting a Pool
Last updated
Last updated
To withdraw funds from a nomination pool, members must unbond their funds from the pool.
The unbonding process takes 7 days to complete. During this process, any funds being unbonded cannot be transferred, used to earn rewards, or join other nomination pools.
Users may choose to unbond some or all of their funds at any time.To exit a nomination pool, members must start an unbonding process which takes 7 days in Creditcoin. During this period, they will not be able earn rewards form their pool or join other nomination pools.
In the Pools tab of the Staking Dashboard, click the minus sign (-)to remove a portion of your funds from the pool.
The Remove Bond page will be shown. Enter the amount of CTC to unbond or select Max to unbond all CTC from the pool.
Finally, click on Submit to sign the transaction. This will start the unbonding period (7 days).
Members that wish to unbond all their funds can use the Leave pool option shown in the Manage menu.
This option will always unbond the full amount. After submitting the transaction, the unbonding period (7 days) will begin.
After waiting for the unbonding period to end, users may withdraw their funds from the pool permanently. These funds will then be available to transfer, or to join a different pool if desired.
In the Pools tab, click the unlock sign to withdraw your funds.
The Withdraw page will show. Click the Withdraw button to sign the transaction.
After signing, funds should be available once again.
