KNOWLEDGE NODE: HOW TO WITHDRAW YOUR EPK

The Knowledge Node remains an important part of the EpiK Protocol ecology. The roles the group perform complement that of others in the ecology hence can not be downplayed. Part of an important prerequisite to carrying out their functions requires funding their wallet with EPK.

This article is a conclusion to the previous article that gave a detailed explanation on how to deposit EPK on the EpiK Wallet. This concluding part aims at explaining how the EPKs can be withdrawn after a period of time.

The EpiK Wallet in itself has an easy to use interface for all those who are in the ecology. For Knowledge Node, the dedicated page below and some of the displayed figures and words have been explained in the previous article which can be referred to for easy comprehension of this article.

HOW TO INITIATE THE WITHDRAWAL OF EPK ON THE EPIK WALLET

In what is a simple process, the user does a one time click on ‘withdraw’ placed side-by-side with the pledge as shown in the rectangular box below. Careful observation should be placed on the parts where some numbers are written. Their functions are elucidated in the ensuing paragraphs.

SOME IMPORTANT NOTES TO CONSIDER WHILE INITIATING THE WITHDRAWAL OF EPK

There are some important notes that are to be considered while initiating the withdrawal of EPK on the EpiK Wallet as part of the Knowledge Node on the EpiK Protocol ecology.

● Note 1

If the node-based deposit shows the number of EPK that can be withdrawn, the user can proceed by entering the number of the numbers of EPKs to be withdrawn from the node-based deposit. It follows a simple process of; clicking on withdraw and inputting the password after which a confirmation to carry out the process in the form of OK should be clicked. A user can apply for withdrawal as the basic deposit is T + 0 to account.

● Note 2

If the Locked Access Pledge deposit shows the number of locked EPKs to be unlocked, the user can enter the number of locked EPKs to be unlocked in the node-based deposit. To carry this out, the user should click on unlock, enter the wallet’s password and click on OK to initiate the process. A user can apply to unlock as flow deposits unlock is T + 72 hours. The unlocked EPK will access the flow of collateral inside.

The image above shows that the Remaining Height is applied for to unlock in the remaining time, with each height having 30 seconds. When the Remaining Height is 0, the user can withdraw the unlocked EPK.

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