Undelegation of LikeCoin
If you delegated LikeCoin to a validator but you want to get them back, you can utilize the [Undelegate] function of Liker Land mobile app. Please follow the steps:
In the LikeCoin wallet page, click on the validator that you delegated (displayed as green)
Go to the validatior page, click [Undelegate]
Input the number of LikeCoin that you have to withdraw, click [Confirm]
Once you've confirmed your undelegation, the following happens:
It takes 21 days cooling-off period to undelegate and get back the LikeCoin to your own wallet, the LikeCoin cannot be redelegated, rewarded or transferred as well.
Validator lost his/her voting power of the amount the LikeCoin withdrew.
Transaction fee is required for Undelegate LikeCoin.
If you find that your LikeCoin undelegated was less than what you delegated to the validator, it may be the case that your validator cannot validate the transaction properly and was penalized. Therefore, please choose your validator wisely.
