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Unstaking

Every NFT can be unstaked. Unstaking an NFT will:
  • Stoping all rewards and incentives from being earned.
Unstaking will not grant back the (MITO)/(tMITO) spent to acquire the NFT.
To obtain back the (MITO)/(tMITO), you need to burn the NFT on your Staking Dashboard.

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Burn and Redeem

Burning an NFT is tied to some service fee provided by MikadoHubLabs.
The Burn fees are as follow:
1-90 days: 20% penalty (80% of purchase price refunded)
91–150 days: 15% penalty (85% of purchase price refunded)
151-180 days: 10% penalty (90% of purchase price refunded)
From day 181: 5% penalty (95% of purchase price refunded)