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Staking.... A newbie

useredwardmeikle
4 years ago

Hello... Very new to all of this and was hoping for some advice with regards to staking 300 DOTs Once staked, so to speak, how much notice, if any, do i need to give before unstaking? Also.... Is there a minimum ammount of DOTs that have to be staked? Thank you all in advance for all your help 🙏🤑🙏

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kanchax
4 years ago

Hello, i stake 12 dots two months ago and I can't unstake and I don't receive any rewards eader. Hopefully a response to you also help me.

4 years ago

Hey guys!

Once staked, so to speak, how much notice, if any, do i need to give before unstaking?

You can issue the command to unbond your DOTs from staking at any time, which will begin a 28 day unbonding process. At the end of 28 days you can withdraw your DOTs and transfer them.

Is there a minimum ammount of DOTs that have to be staked?

Yes. The minimum amount is dynamic based on a few factors. For a real-time feed of the daily amount, please check out this tool.

This is expected to be a temporary constraint. For more info please check out this Github page.

@edwardmeikle @kanchax

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