Unstaking

Users can request GRAM withdrawal using the ‘Unstake’ function in the application.

After the unstaking is initiated, a cooldown period countdown starts. The unstaking cooldown lasts 36 to 72 hours and is subject to the validation round phase and duration.

bmGRAM will be exchanged for GRAM tokens after the cooldown period. The amount of GRAM tokens to be withdrawn will be calculated by the smart contract algorithm based on the user’s bmGRAM unstaked amount and bmGRAM/GRAM exchange rate.

Users can claim the requested GRAM tokens at any time after the expiration of the cooldown period.