Unstaking
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After learning how to liquid stake your tokens, learn how to unstake (unbond) your tokens from Bifrost and Omni LS dapps.
We'll take the vDOT example below.
There are 2 options to unstake DOT from vDOT:
Full unstaking request (you retain full vDOT value)
Lightning mode (you swap at market price, most of the time you won't get full value)
Enter the amount of vDOT that needs to be redeemed
Click on "Unstake" button, confirm and sign the transaction
Go to "Unstake" tab in the top navigation of the vDOT page to view the latest progress of your request. You are limited to 10 requests at the same time.
On the vDOT page, click the toggle button in the middle of the right panel so that vDOT is at the top
Turn on the lightning mode option in the DOT part
Click on "Swap" button, confirm and sign the transaction
You will get DOT immediately back in your wallet once the swap is executed
Go to the tab to visualize the vDOT unstaking queue, click on “Total unstaking”. The unstaking queue will give you an raw estimation of unstaking period: the fewer in the queue, the quicker you unstaking request will proceed.
On the , click the toggle button in the middle of the right panel so that vDOT is at the top
Enter the amount of vDOT that needs to be swapped into DOT. The swap will be processed on the pool on Bifrost.
NB: you can swap on any pool on any network. Just pick the pool with the best liquidity to have the best price (i.e. you can use )
