Stake and unstake ICX
To get Staked ICX (sICX), enter the amount of ICX to stake and complete the transaction.
Staking rewards auto-compound, so the ICX value of sICX will increase over time.
sICX has the power to participate in ICON governance. By default, your sICX votes will be delegated based on the preference of bOMM holders. If you'd like to choose who receives your votes, learn how to vote for ICON validators.
To convert sICX to ICX, enter the amount of sICX to unstake and choose the unstaking method:
- Wait: Takes up to the traditional ICX unstaking time of ~7 days
- Instant: Pay a 1% fee to swap ICX for sICX (only available when the Balanced exchange has enough ICX liquidity)
If you choose to wait, you'll see the details of your unstaking request at the bottom of the Staked ICX section, including a countdown timer so you know when it will be ready to claim. Depending on the volume of ICX staked after you submit your unstaking request, it may unstake faster.
You'll see the option to claim your ICX when it's ready.