how to unstake shiba inu on shibaswap

To unstake SHIB on ShibaSwap, simply visit the platform, select "Your Stakes," find the staked SHIB, click "Unstake," and confirm the transaction, which may incur gas fees and take some time for completion, after which you can claim your unstaked SHIB.

Oct 20, 2024 at 06:29 am

How to Unstake SHIB on ShibaSwap

Step 1: Navigate to ShibaSwap

Visit https://shibaswap.com/ and connect your crypto wallet that holds your staked SHIB.

Step 2: Select "Your Stakes"

From the navigation menu, hover over "Stake" and click on "Your Stakes."

Step 3: Find Your Staked SHIB

On the "Your Stakes" page, locate the row that represents your staked SHIB.

Step 4: Click "Unstake"

In the "Actions" column, click on the "Unstake" button.

Step 5: Enter Unstake Amount

Enter the amount of SHIB you wish to unstake. You can unstake the entire amount or a portion of it.

Step 6: Confirm Transaction

Review the details of the unstake transaction, including the amount, gas fees, and estimated time for completion. Then, click on the "Confirm" button.

Step 7: Wait for Transaction to Complete

Your unstake transaction will be processed by the blockchain. This may take a few minutes to several hours, depending on network congestion.

Step 8: Claim Your SHIB

Once the transaction is complete, your unstaked SHIB will be available in your connected crypto wallet. Go to the "My Wallet" section of ShibaSwap to claim it.

Additional Notes:

• There is no unstaking fee on ShibaSwap.
• However, you may have to pay gas fees to process the transaction.
• Once your staking rewards reach a certain threshold, they need to be claimed manually before they can be unstaked.
• It is recommended to wait for the "Dig" rewards associated with your staked SHIB to accrue, as these rewards will be lost if you unstake prematurely.