Decrease Bond

How to decrease the stake value

Decrease bond takes two transactions, the first one is to schedule less bond function and after waiting for 24 rounds (approx 48 hours) you have to execute Delegation Request function, please follow the guide below

Step 1 - Schedule

If you want to unstake some of your TUR from a collator you previously staked, you can use scheduleDelegatorBondLess(candidate, less) function under parachainStaking option here

As seen in the image above

1. Select your wallet account

2. Select paraChainStaking from the dropdown

3. select scheduleDelegatorBondLess(candidate, less)

4. paste the Collator address with whom you previously staked

   1. in case of pathrocknetwork you can use the following address: 6BkqEuMXuNYzssdPQYpo4eVbcA2756RdfBHbSAvgj5FFZx71

5. in less: field input the amount you want to unstake, remember to multiply it by 10000000000 for example if you want to stake 50 TUR the amount to input will be: 50 * 10000000000 = 500000000000

6. Press Submit Transaction button

You can head over to the following link and input your TUR wallet address, at the bottom you can see Extrinsics with Action: parachainstaking (schedule_delegator_bond_less) and Result column with a green tick mark. you have successfully triggered the unstaking function. Now wait 24 rounds (approx 48 hours) and follow the following steps

Step 2 - Execute

Once 48 hours are over, you can use executeDelegationRequest(delegator, candidate) function under parachainStaking option here

execute delegation request

1. Select your wallet account

2. Select paraChainStaking from the dropdown

3. select executeDelegationRequest(delegator, candidate)

4. In delegator: select your wallet again.

5. In candidate: paste the collator address with whom you staked previously.

6. Press Submit Transaction button