Undelegation of LikeCoin
Withdraw the LikeCoin that you delegated, beware of the 21 days cooling-off period
Important note regarding Undelegation
Once you've confirmed your undelegation, the following happens:
It will take a 21-day cooling-off period for your LikeCoin to be returned to your wallet, during which time the LikeCoin cannot be redelegated, rewarded, or transferred.
Validator lost his/her voting power of the amount the LikeCoin withdrew.
A transaction fee is required to undelegate LikeCoin
If you find that the amount of LikeCoin you undelegated is less than what you initially delegated, it may be because your validator was penalized for failing to validate transactions properly. It's important to choose your validator wisely to avoid this situation.
Last updated