How to cancel an active staking position

You can cancel an active earning position on Paribu at any time. Positions do not close when the term ends — they stay open until the pool closes — so cancelling is how you get your principal back. If you cancel before the term ends, the estimated earnings are not realised; only the principal you locked in the pool is transferred back to your balance. You can also use the bulk cancellation option to cancel several positions at once.

What happens when a position is cancelled?

The interface states it plainly: if you cancel this transaction your estimated yield is not realised, and the amount you staked is transferred to your balance.

• Estimated earnings are cancelled: In an early cancellation the estimated earnings accumulated during the term are not realised
• The principal is released: The amount locked in the pool is transferred back to your balance
• Blocked balance is updated: The related amount is removed from the Staked heading of your blocked balance and your available balance increases
• It is recorded in your history: The cancellation is added to the Earn tab of your transaction history as a separate row

Warning: An early cancellation cannot be reversed. To receive the full estimated earnings, the amount needs to stay in the pool for the whole term

Cancelling a single position

1. Open Paribu.com and click the wallet icon in the top navigation to open the Wallet page
2. Open your transaction history with the Transactions link in the portfolio summary and move to the Earn tab
3. Click the cancel option on the row of the position you want to cancel
4. Read the warning in the confirmation window and confirm the cancellation

When the process is complete, a message confirms that the stake was cancelled successfully.

Note: You can also reach your positions from the Your earning assets section on the Earn page

Cancelling all positions at once

If you want to end several positions in a single action, you can use the bulk cancellation option in the Earn tab. The confirmation window warns you that all of your open stakes will be cancelled, that your estimated yields will not be realised and that the amounts you staked will be transferred to your balance.

Warning: Bulk cancellation covers every position that is active at that moment. If you want to keep some of them, you need to cancel positions one by one

What is in the position details?

Clicking a position opens a details window with the following information: Earnings, Gross earning rate, Net earning rate, Withholding tax and Investment time. In your transaction history the equivalents appear as the staked amount, the estimated reward and the reward distribution time.

Note: The difference between the gross and net earning rate comes from the withholding tax. In pools where no tax applies, the two rates are the same

When does the amount reach my balance?

Once the cancellation is confirmed, the principal is transferred to your balance shortly afterwards. If you think your balance has not been updated, you can refresh the page or check the available balance of the asset again on the wallet page.

Things to know

• In an early cancellation only the principal returns; the estimated earnings are not realised
• An early cancellation cannot be reversed
• Paribu does not charge an extra fee for cancellation
• Bulk cancellation covers every active position
• A cancelled position is added to your transaction history as a separate row
• You can join the same pool again after cancelling if it is open to new participation

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Frequently asked questions

Does my principal come back automatically when the period ends?

No. When the reward earning period ends your position does not close; it continues with a new reward cycle and stays open until the pool closes. To move your principal back to your balance you need to cancel the position. If you cancel after a period is complete, the reward accrued in that cycle is kept.

Are my earnings completely lost when I cancel?

Yes. If you cancel before the term ends, the accumulated estimated earnings are not realised; only the principal you locked in the pool returns to your balance. To receive the earnings, the position needs to stay open for at least one full term the pool defines.

Is there a fee for cancelling?

Paribu does not charge an extra fee for cancellation. However, you do lose the earnings because the estimated yield is not realised.

Can I join the same pool again after cancelling?

Yes. If the pool is open to new participation and its capacity is not full, you can join again. The new transaction starts as a separate position and the term begins again.

What if some positions are not cancelled in a bulk cancellation?

Positions that could not be cancelled stay active. In that case you can try cancelling the remaining positions one by one.

Is withholding tax applied on cancellation too?

Withholding tax is deducted from realised earnings. In an early cancellation the estimated earnings are not realised, so there are no earnings to deduct from; the principal returns to your balance as it is.

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Related articles

• What is staking on Paribu and how does it work? — The Earn concept and pool structure
• How to stake on Paribu — The three-step Earn flow
• How can I view and manage my open orders? — Tracking active positions
• How can I view my transaction history? — The Earn tab
• How can I view my portfolio? — Blocked balance and Staked

On Paribu, you can cancel an active staking position at any time. Positions do not close when the reward earning period ends — they stay open until the pool closes — so cancelling is how you get your principal back. In case of early cancellation, the estimated reward is not earned; only the principal you locked in the pool is returned to your balance. To cancel multiple active positions at once, you can also use the bulk cancel option.

What happens when a position is canceled?

When you cancel a position, the following steps take place:

• Estimated reward is voided: With early cancellation, the estimated reward accrued during the period is not earned and is not credited to your balance.
• Principal is released: The amount locked in the pool is returned to your balance.
• Locked balance is updated: The relevant amount is removed from the blocked balance on the asset detail screen and your available balance increases.
• Recorded in transaction history: The cancellation is added to the Completed tab of the screen that opens from the Transactions icon at the top of the screen as a Stake transaction; the row description indicates that the amount was canceled.

Warning: Early cancellation cannot be reversed. To earn the full estimated reward, the amount must remain in the pool throughout the reward earning period.

Cancelling a single position

Your active positions are listed in the Pending tab of the screen that opens from the Transactions icon at the top of the screen; you can also reach them from the active earning card on the relevant asset's detail screen. To cancel a position, follow these steps:

1. Tap the Transactions icon at the top of the screen and switch to the Pending tab
2. Tap the staking position you want to cancel to open its details
3. Tap the Cancel button on the details screen
4. On the Do you want to cancel? screen that opens, review the reward distribution time, the yield percentage, the staked amount, and your estimated rewards
5. The screen shows the warning "If you cancel this transaction, your estimated yield will not be realized. The amount you staked will be transferred to your balance."; tap the Cancel staking button to confirm the cancellation

Bulk cancelling all positions

If you want to end multiple active positions in a single action, you can use the Cancel all link next to the earn section heading in the Pending tab of the Transactions screen. When you tap the link, the question "Are you sure you want to cancel all your staking transactions?" is shown on the confirmation screen. To confirm, tap the Cancel all button; your active positions are canceled and the principal amounts are returned to your balance.

Note: In a bulk cancellation, some positions may be canceled while others are not. Positions that could not be canceled remain active; you can try cancelling them one by one

Bulk cancellation covers all positions that are active at the time of cancellation. If you have positions you do not want to cancel, it is recommended to manage them with the individual cancel method.

When is the amount reflected in my balance?

When the cancellation is confirmed, the principal amount is transferred to your balance within a short time. The reflection time may vary from a few seconds to a few minutes depending on the operation of the network and the pool. If you think your balance has not been updated after cancellation, you can refresh the screen by pulling it down or check the asset's available balance again on the Wallet tab.

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Frequently asked questions

Does my principal come back automatically when the period ends?

No. When the reward earning period ends your position does not close; it continues with a new reward cycle and stays open until the pool closes. To move your principal back to your balance you need to cancel the position. If you cancel after a period is complete, the reward accrued in that cycle is kept.

When I cancel, are my rewards completely lost?

Yes. If you cancel before the reward earning period ends, the accrued estimated reward is not earned; only the principal you locked in the pool is returned to your balance. To earn rewards, your position must remain open throughout the period defined by the pool.

Is there a fee for cancellation?

No additional fee is charged by Paribu for cancellation. However, since the accrued estimated reward is not earned when you cancel, you experience a loss of rewards.

Can I rejoin the same pool after cancellation?

Yes. If the pool is still open for participation and its capacity is not full, you can rejoin. The new transaction starts as a separate position and the reward earning period begins again.

Are stake and cancellation transactions shown as separate rows in the past transactions list?

Yes. Opening and cancelling a position are each added to the list as separate Stake transactions. The row description indicates that one was completed and the other was canceled.

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Related articles

• What is staking on Paribu and how does it work? — What staking is
• How to stake on Paribu — Steps to earn staking rewards
• How can I view and manage my open orders? — Viewing and managing open orders
• How can I view my transaction history? — Viewing transaction history
• How can I view my portfolio? — Viewing your portfolio