StorX Network Knowledge Series: How to Unstake your $SRX Node using Private Key.
Now let’s start step-by-step with the below guide that will guide you to unstake your $SRX node using a private key instead of wallet.
Step 1: Access your Staking page and connect your wallet.
Connect your wallet using the Private Key option.
Step 2: Once you connect to your Node, you will see all the Stake details. Like Staked status(TRUE / FALSE), Staked Amount, Current Earnings, Rewards Redeemed, Last Rewards, and Next Rewards.
Note:
1. Kindly check your Current Reputation and Farmer Node Status. Node status should be TRUE.
2. On unstaking, you will no longer receive rewards. The current rewards & the staked amount will become redeemable after a cool-off period of 7 days.
Step 3: After confirming the Node status, Click on the Unstake button to Unstake your node.
Now, You will be able to see the Confirmation screen. Read the displayed message carefully and click the Unstake button on the Confirmation screen.
Step 4: After that, you will see that your transaction is processing.
Once the transaction is completed, you will be notified with Success Hash. It means you have successfully unstaken the token you had staked for a farmer node.
Now you can claim your Staked amount and current rewards after 7 days by clicking on the Claim Stake button.
You can check the timer displayed on the screen.
About StorX:
StorX is a decentralized cloud storage network that empowers users to store their data securely in the cloud. Each file uploaded on StorX is split and encrypted into multiple fragments to autonomous storage nodes operated by individual operators worldwide. Designed as a collection of independent storage networks, no particular operator has complete access to your data. StorX is faster than legacy centralized storage providers and also allows users to save substantial amounts on costs compared to a centralized cloud. StorX enables users with spare storage capacity to lease space and earn great returns in SRX tokens.
$SRX is listed on multiple tier exchanges like HitBTC, Liquid, and Bitrue. To know more about StorX Network, Visit https://storx.tech
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