ICON Staking Guide: ICX Claiming and Unstaking

Everstake
Everstake
Apr 9, 2020 · 4 min read

Sometimes when you are dealing with complex technologies, you may stumble upon unknown scenarios when you have to perform a certain activity. ICON blockchain has its own features that users must know about, and in this short material, you will discover how to claim and unstake ICX tokens via ICONex wallet.

This guide assumes that you have already staked and voted your ICX, and in case you haven’t done so already, please refer to our previously published ICON Staking Guides for desktop and mobile.

ICX Claim

As you already know, users who staked ICX tokens are getting rewards in I-Score which should be converted into ICX tokens once sufficient amount is reached.

In order to do that, please click on the ‘Voting’ section of the ICONex wallet.

Then click on the ‘My Status’ section.

Once you will be in the ‘My Status’ section, please click on the ‘Claim’ button.

A few pop-up windows will show up where you have to confirm your operation.

That’s it, now you have converted your I-Score, claiming the ICX tokens.

Unstaking Process

Sometimes you may want to decrease amount of staked ICX tokens, and to do that you have to open first ‘Voting’ section of the wallet. Please remember that unstaking process is divided into two steps where during the first one you have to unvote your P-Rep, and only then you will be able to unstake your ICX tokens.

Go to ‘My Status’ section of the wallet.

Then click on the ‘Vote’ button to choose a P-Rep you want to unvote.

Once you click on the ‘Vote’ button, you will be transferred to the voting page.

Please click on the ‘Vote’ button which is located right in front of your P-Rep.

Decrease the voting power by clicking on the ‘+/-’ buttons, or use simply drag the slider.

Confirm your operation by clicking on the ‘Vote’ button and then turn to ‘My Status’ page again. where you have to click on the ‘Adjust’ button.

In order to unstake some portion of your ICX balance, decrease the number of staked ICX tokens by dragging slider.

Now you have unstaked your ICX, but note that it takes 11 days to release your tokens, so that you could use them again.

Here are the other links to our complete staking guides in case you need them.

  1. ICON Staking with ICONex Mobile Wallet
  2. ICON Staking with ICONex WEB Wallet
  3. ICON Staking via Ledger Nano X

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Everstake is one of the ICON P-reps! Please support us with your vote!

Every single vote matters for us, allowing us to continue developing tools for ICON blockchain and supporting the East European community.

Staking with ICONex Web Wallet
Staking with ICONex Mobile Wallet
Staking with Ledger
How to get ICX rewards
ICON FAQ

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Website: everstake.one
Twitter: @Everstake_pool
Telegram: @Everstake_chat
Reddit: /r/Everstake/
Medium: medium.com/everstake

Everstake

Written by

Everstake

Everstake — Staking Service Platform

Everstake

Everstake

Everstake is a leading staking service platform providing secure and reliable solutions to token holders and institutional investors looking to profit off their digital assets. With the running top Validators on the PoS and DPoS markets, Everstake became trusted technical partne

Everstake

Written by

Everstake

Everstake — Staking Service Platform

Everstake

Everstake

Everstake is a leading staking service platform providing secure and reliable solutions to token holders and institutional investors looking to profit off their digital assets. With the running top Validators on the PoS and DPoS markets, Everstake became trusted technical partne

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