Withdrawal

The withdrawal process in the Polkadot network using the Staking API can be done following these steps:

  1. Submit Unbond: unbonding tokens within the Polkadot network that were previously staked or bonded.

    It takes 7 days (28 eras) to unbond on Kusama, 28 days (28 eras) on Polkadot, and 12 hours (2 eras) on Westend.

  2. Withdrawal (available after unbond period): withdrawing tokens within the Polkadot network that were previously unbonded.

1. Unbond

  1. Submit Unbond: send a POST request to /api/v1/polkadot/{network}/staking/unbond.

    Example request (for westend):

    curl --request POST \
         --url https://api.p2p.org/api/v1/polkadot/westend/staking/unbond \
         --header 'accept: application/json' \
         --header 'authorization: Bearer <token>' \
         --header 'content-type: application/json' \
         --data '
    {
      "stashAccountAddress": "5H6ryBWChC5w7eaQ4GZjo329sEnhvjetSr6MBEt42mZ5tPw5",
      "amount": 3
    }'
    
    • stashAccountAddress — main stash account address which keeps tokens for bonding.
    • amount — amount of tokens to unbond. In usual DOT for main network, KSM for Kusama, and WND for Westend.

    Example response:

    {
      "result": {
        "unsignedTransaction": "0xac0406000b00487835a302032c6eca5cdaa3e87d7f8e06d10015bf0508b52d301c8991af113d5cf49a53553f",
        "stashAccountAddress": "5H6ryBWChC5w7eaQ4GZjo329sEnhvjetSr6MBEt42mZ5tPw5",
        "amount": 3,
        "createdAt": "2023-08-15T15:07:54.795Z"
      }
    }
    
    • unsignedTransaction — unsigned transaction in hex format. Sign the transaction and submit it to the blockchain to perform the called action.
    • stashAccountAddress — main stash account address which keeps tokens for bonding.
    • amount — amount of tokens for bond operations. In usual DOT for main network, KSM for Kusama, and WND for Westend.
    • createdAt — timestamp of the transaction in the ISO 8601 format.
  2. Sign and broadcast unsignedTransaction to the Polkadot network.

2. Withdrawal

  1. Withdrawal Unbonded: send a POST request to /api/v1/polkadot/{network}/staking/withdrawal-unbonded.

    Example request (for westend):

    curl --request POST \
         --url https://api.p2p.org/api/v1/polkadot/westend/staking/withdrawal-unbonded \
         --header 'accept: application/json' \
         --header 'authorization: Bearer <token>' \
         --header 'content-type: application/json' \
         --data '
    {
      "stashAccountAddress": "5H6ryBWChC5w7eaQ4GZjo329sEnhvjetSr6MBEt42mZ5tPw5"
    }'
    
    • stashAccountAddress — main stash account address which keeps tokens for bonding.

    Example response:

    {
      "result": {
        "unsignedTransaction": "0xac0406000b00487835a302032c6eca5cdaa3e87d7f8e06d10015bf0508b52d301c8991af113d5cf49a53553f",
        "stashAccountAddress": "5H6ryBWChC5w7eaQ4GZjo329sEnhvjetSr6MBEt42mZ5tPw5",
        "createdAt": "2023-08-15T15:07:54.795Z"
      }
    }
    
    • unsignedTransaction — unsigned transaction in hex format. Sign the transaction and submit it to the blockchain to perform the called action.
    • stashAccountAddress — main stash account address which keeps tokens for bonding.
    • createdAt — timestamp of the transaction in the ISO 8601 format.
  2. Sign and broadcast unsignedTransaction to the Polkadot network.

What's Next?