Introduced Partial Unstake Feature
Dear all,
We’re thrilled to announce a new update to our staking platform: Partial Unstake is now live!
With this new feature, you can enjoy more flexibility with your staked tokens while retaining control over your tier status.
Here’s what you need to know:
1. Upon partial unstake, your tier will be recalculated based on the remaining staked amount.
2. If the staked amount falls below the required threshold, you will not be able to claim tokens, even you had contributed, if the partial unstake is performed before the project’s TGE.
3. The same 15-day time lock applies to the partially unstaked amount, and tokens will only be available for withdrawal after this period has elapsed.
4. You can restake the partially unstaked amount back at any time.
5. Should you decide to proceed with an emergency withdrawal for the partially unstaked amount (bypassing the time lock), a penalty of 30% of the total partially unstaked amount will apply.
Important Note for Previous Kwai Tier Holders
If you are a previous Kwai Tier 1, 2, or 3 holder, please note that once you unstake, your tier status will be lost. To maintain your tier, please use the Partial Migration feature to move your staked OXI (Kwai tier portion) to a new wallet.
For example, if you have 5000 OXI staked: 2000 OXI + 3000 OXI (Kwai tier portion):
1. Use the Partial Migration feature to move 3000 OXI (Kwai tier portion) to the new wallet.
2. Now, your original wallet will be left with 2000 OXI, which you can fully or partially unstake without affecting your previous kwai tier status.
3. For the 3000 OXI in your new wallet, your tier status will remain unchanged as long as the tokens remain staked. Once you fully/ partially unstake, your tier status will be lost.
🔗Feature live at https://oxbull.tech/app/account
Dear all,
We’re thrilled to announce a new update to our staking platform: Partial Unstake is now live!
With this new feature, you can enjoy more flexibility with your staked tokens while retaining control over your tier status.
Here’s what you need to know:
1. Upon partial unstake, your tier will be recalculated based on the remaining staked amount.
2. If the staked amount falls below the required threshold, you will not be able to claim tokens, even you had contributed, if the partial unstake is performed before the project’s TGE.
3. The same 15-day time lock applies to the partially unstaked amount, and tokens will only be available for withdrawal after this period has elapsed.
4. You can restake the partially unstaked amount back at any time.
5. Should you decide to proceed with an emergency withdrawal for the partially unstaked amount (bypassing the time lock), a penalty of 30% of the total partially unstaked amount will apply.
Important Note for Previous Kwai Tier Holders
If you are a previous Kwai Tier 1, 2, or 3 holder, please note that once you unstake, your tier status will be lost. To maintain your tier, please use the Partial Migration feature to move your staked OXI (Kwai tier portion) to a new wallet.
For example, if you have 5000 OXI staked: 2000 OXI + 3000 OXI (Kwai tier portion):
1. Use the Partial Migration feature to move 3000 OXI (Kwai tier portion) to the new wallet.
2. Now, your original wallet will be left with 2000 OXI, which you can fully or partially unstake without affecting your previous kwai tier status.
3. For the 3000 OXI in your new wallet, your tier status will remain unchanged as long as the tokens remain staked. Once you fully/ partially unstake, your tier status will be lost.
🔗Feature live at https://oxbull.tech/app/account
