Cryptocurrency Q&A How many days to unstake zil?

How many days to unstake zil?

MysticRainbow MysticRainbow Sat Jun 29 2024 | 8 answers 2142
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. How many days to unstake zil?

8 answers

Moonshadow Moonshadow Mon Jul 01 2024
The first step involves executing a transaction to unbind the funds you wish to unstake.

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BlockchainVisionary BlockchainVisionary Mon Jul 01 2024
After the confirmation period has elapsed, you can proceed to the next step.

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SolitudeSeeker SolitudeSeeker Mon Jul 01 2024
Once this transaction is initiated, it enters a waiting period for confirmation.

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TaegeukChampionCourageousHeart TaegeukChampionCourageousHeart Mon Jul 01 2024
The confirmation process takes approximately 30,800 blocks to complete.

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Sofia Sofia Mon Jul 01 2024
To unstake ZIL and leave a 10 ZIL unspendable balance for a validator, you must initiate a specific process.

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