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Update retire_stakepool.md #2884
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Make sure that any pool owners are aware of your retirement intention and will not remove their Pledge until the pool has retired.
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Create a deregistration certificate and specify an epoch when your pool will retire. There is a limit on how far in the future this can be (given by a protocol parameter - see below). Make sure you give sufficient time for delegators to switch pools
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Submit ...
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Notify your delegators of your intention to retire the pool using your usual communication mechanisms. Wallets and other tools should highlight that the pool is retiring and discourage new delegation/encourage new delegations.
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Keep your system working...
Reach the epoch => reach the end of/start of the epoch? Check this, please.
- When the pool has retired move ..., and advise other owners that they may remove their own pledge. Note that if you are setting up a new pool, you will need to have registered it in advance and timed the pledge move so that both pools are correctly pledged
I think the pledge can be removed after your step 3 so move this step here so people don't lock pledge longer than they need to.
send back => sent back
- Wait for any pending rewards and deposit to be paid into the rewards account
Bold this!
- Once you have successfullly withdrawn your rewards and deposit, de-register the stake key
Bold this too!
If the pool is set to retire in epoch |
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Looks good to me!
@kevinhammond Can you take a look to the changes. |
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Kevin is on vacation and Carlos has made his changes. Further changes can be made in a new PR if Kevin wants this.
bors r+ |
Build succeeded: |
Laying out the process for retiring a stake pool.
If the stake key is deregistered before the pool is retired or before the pool deposit is paid back, the deposit goes to treasury.