Stader’s Sunset Plan for Terra Classic
(and how to withdraw your $LUNC asap.)
All Stader products on Terra Classic are about to witness their final sunset.
Stader is withdrawing all its products from Terra Classic at 2 PM UTC on 8th September 2022.
Terra 1.0 is unstable and no active maintenance and support is being given to it.
So, if you have any staked $LUNC on any of our products on Terra Classic like Stake Pools, Stake+, Liquid Staking, etc., you must unstake them by 18th July and withdraw the funds before 8th September.
After 2 PM UTC on 8th September 2022, you won’t be able to withdraw your $LUNC anymore.
Here’s a quick step-by-step guide on how to withdraw your $LUNC.
Step 1: Change your Terra station network to ‘Classic’
Step 2: Go to this link — https://terra-classic.staderlabs.com/sp-pools — and connect your Terra Station wallet.
Step 3: Unstake all your $LUNC across all our products on Terra Classic between 5th July — 18th July 2022.
Step 4: Withdraw your $LUNC after the unbonding period between 31st August — 8th September 2022.
Looking for a quick guide on how to unstake from each of our products? We’ve got you covered.
Step 1 — Follow this link https://terra-classic.staderlabs.com/sp-portfolio — and go to ‘Manage Holdings’.
Step 2 — Scroll down to ‘Deposits’ and click on ‘Undelegate’ and then undelegate all your funds from Stake pools
Step 3: You will be able to withdraw your undelegated $LUNC after the unbonding period in the withdraw section just below the Deposits section
Step 1: Go to this link — https://terra-classic.staderlabs.com/lt-pools and click ‘Unstake’.
Step 2: Enter the amount of $LUNC and hit ‘Unstake’
Step 1: Go to Stake+ https://terra-classic.staderlabs.com/stake-plus and scroll down to the ‘Delegations’ Box in the Portfolio section.
Step 2: Click on ‘Delegations’ and click on ‘Undelegate’ and complete the transaction.
Step 3: You will be able to withdraw your $LUNC in your wallet after the unbonding period by clicking on the ‘Undelegate’ box in the Portfolio section
As a reminder, post 2 pm UTC on the 8th of September 2022 you won’t be able to withdraw your $LUNC.
In case you face any issues with unstaking or need further guidance on it, please reach out to our tech team on Telegram.
Join Stader’s newsletter
Get the latest updates, new DeFi strategies and exclusive offers right in your email box