Users Encounter Challenges with Unstaking and Restaking on Moonlet | Unlocking Crypto Potential
Edited By
Maria Gonzalez
A growing number of people are reporting issues with unstaking and restaking Zilliqa via Moonlet. As Zilliqa 2.0 launched recently, confusion over the migration process has sparked discussions across various forums.
Staking Confusion
Recently, a Moonlet user raised concerns on forums about how to unstake and restake their ZIL. The call for help is significant as many face similar technology-related hurdles during this transition. "What am I doing wrong?" is the sentiment echoed by several users.
Understanding the Migration
According to supporter responses, many are experiencing issues due to the migration to Zilliqa’s new platform, which has caused compatibility problems with older wallet formats. One comment stated:
"You are not doing anything wrong — this is just a side effect of the migration."
Some users successfully claimed legacy rewards but are uncertain how to proceed with unstaking. Comments also suggested alternative wallets, highlighting Torch Wallet for its compatibility with both old and new Zilliqa contracts, designed specifically for the 2.0 upgrade.
Solutions on the Horizon
The Plunderswap team is also working on an automated tool to ease the unstaking and restaking process. "Join our Telegram group for updates," a user advised, indicating a proactive approach to overcome these hurdles.
Key Points from the Discussion
📉 Users report difficulties due to outdated staking contracts.
🔄 Suggested wallet includes Torch Wallet for easier fund access.
🚀 Automation tools from Plunderswap under development to assist users.
"None of the validator nodes have synced yet," noted one participant. This indicates that full capabilities may not be available until technical issues are resolved, leading to increased user frustration.
Looking Ahead
While some individuals are contemplating alternative staking opportunities, the consensus remains clear: many are eager for the new platform to stabilize. As this situation develops, ongoing updates from developers and user boards will play a crucial role in helping people navigate their next steps in the Zilliqa staking process.
The Path Forward for Zilliqa Stakers
There's a strong chance that as the migration continues, the Zilliqa platform will achieve greater stability within the coming weeks. With the Plunderswap team investing efforts into developing automation tools, experts estimate around a 70% probability that these tools will help streamline the unstaking and restaking process. This should alleviate many difficulties, and the introduction of more compatible wallets may encourage users back into the ecosystem. As the compatibility issues dwindle, interest in Zilliqa's new features is likely to grow, possibly leading to an influx of new stakers looking to capitalize on the latest updates.
Echoes from the Industrial Revolution
Drawing a parallel to the early days of the Industrial Revolution, consider how factory workers faced similar technological upheavals. Just like today’s Zilliqa stakers navigating new wallet formats and staking protocols, those early laborers dealt with the confusion and setbacks of newfound machinery. Some eventually adapted, transforming their approaches and fostering innovation in ways that appeared daunting at first. Just as those workers learned to thrive with new tools, modern crypto users may soon find their footing, ultimately leading to a more robust and dynamic staking community.