Since we recommend staking your tokens in a 4/1 ratio for CPU/NET, we also recommend unstaking your tokens in a 4/1 ratio for CPU/NET. Pick your account from the list and fill in how much WAX you would like to unstake for each resource. Once that is done, click on the ‘Unstake’ button in the middle. Keep in mind that it will take 72 hours before these tokens are added to your liquid (transferable) token balance.

*Make sure you do not unstake 100% of your tokens, as this will make your account impossible to use without the help of other accounts. Always leave at least 0.1 WAX staked for both CPU and NET, as this will usually suffice for a couple of transactions per day and ensures you are able to transfer your tokens*

Voting for Guilds

Another key feature of your WAX account is the ability to vote for WAX Guilds. The WAX blockchain is operated by 21 Guilds and 36 standby Guilds. These Guilds produce blocks, operate the WAX blockchain, and contribute to the WAX ecosystem. Through voting, you can have a say in who gets to be a (paid) Guild.

There are 2 different ways to vote for Guilds. The first way to vote for Guilds is by selecting at least 16 and up to 30 Guilds and voting for them using your account. The second way to vote for Guilds is by selecting a proxy, which will vote for you. These proxies are managed by community members, and are an easy and quick alternative to voting for Guilds yourself. We will explain both ways below.

Keep in mind, that the strength of your vote slowly decays over time. After you vote, your vote strength is 100%, after which it will slowly start to decay to 0%. When your vote strength lowers, the weight/influence of your vote goes down (and it reduces your staking rewards as well). To reduce the impact of this vote decay, we recommend voting at least once a week, in order to maintain a high vote strength.

Voting for Guilds by yourself

As said above, the first way to vote for Guilds is by selecting at least 16 and up to 30 Guilds and voting for them using your account.