Remove delegation to a baker pool or passive delegation#

You can remove the delegation on an account to stop delegating.

If you remove the delegation, there is a cool-down period before the delegation is stopped. During this period, you continue to earn rewards; you cannot change the delegation amount, but you can change other delegation settings. The delegation stop is not effective until the next pay day after cool-down period ends. At that time the amount you had delegated is returned to your disposable balance.

Note

All transfers and transactions cost a fee, including staking and unstaking transactions. The fee is based on the set NRG for that transaction and the current exchange rate. The cost of transaction fees is stable in Euros, and therefore the price in CCD varies depending on the CCD to EUR exchange rate. The fee will always be deducted from the Balance of the account, so it is important to have some available CCDs to cover fees. A locked-for-staking balance cannot be used to pay for these transactions. You can see the fee in the transaction log.

Warning

Make sure you have enough funds in your disposable balance to cover transaction fees.

  1. Go to Accounts and select the account on which you have delegated funds and click More options.

  2. Select Delegation and choose Remove Delegation.

    ../../_images/dw-delegation-menu.png
  3. Review the cool-down period. Click Continue.

    ../../_images/dw-remove-delegation.png
  4. A message says Waiting for device. Please connect your Ledger. Connect the Ledger device to the computer and enter your PIN on the Ledger device.

  5. Press the right button to navigate to the Concordium app, and then press both buttons to open the app. The Ledger says Concordium is ready. Wait for the message Ledger Nano S is ready or Ledger Nano S Plus is ready in the Desktop Wallet and select Submit.

  6. On the Ledger device, a message says Review transaction. The Ledger device shows Stop delegation. Navigate to the right.

  7. The Ledger device says Sign transaction. Press both buttons to sign the transaction. The Ledger device says Concordium is ready.

  8. In the Desktop Wallet, you can see that the transaction has been submitted to the chain. Select Finish.

Note

Removing your stake in any pool results in a longer cool-down period. The delegation amount will be locked during this period and cannot be increased or decreased; you can still change targets or restaking preferences during cool-down. The delegation stop is not effective until the next pay day after cool-down period ends. During the cool-down period the staked amount continues earning rewards.