Docs · Real estate assets
Unstaking tokenized real estate
Introduction
Once the lock-up of your asset pool has ended (six months for the Issuer pool), you can unstake your BSPT tokens and claim your BST rewards.
For property owners, unstaking includes submitting documentation that proves you still own the property. Once it is approved, your BST rewards unlock over a 24-month vesting period.
Please note the below process describes only unstaking for real estate asset owners staking in the Asset pool - Issuer, which involves a re-verification of title ownership as well as a vesting period for BST rewards.
Unstaking for community members staking in the Asset pool - Community is a simple withdrawal in the Oceanpoint dApp once the lock-up has ended, which transfers both the BSPT and the BST rewards to the user's wallet.
Step 1: Fill out the verification form
When you initiate the unstaking process, you will be prompted to fill out a short form. This form is required to verify the ownership of the property, ensuring that the property owner remains the same as at the beginning of the staking period.
Step 2: Submit documentation
You will need to submit documentation dated no older than the unstaking date, which confirms your ownership of the property. This may include property deeds, legal documents, or other valid proof of ownership. The Oceanpoint team will review and verify the submitted documentation.
Step 3: Review
Once the team has verified your documentation, your request goes to the governance board for final approval of your unstaking and reward claim.
Step 4: Governance Board Approval and Reward Release
Upon approval, your BST rewards are released and unlock over the 24-month vesting period.