# Unstaking PSP

To initiate the unstake sePSP1 or sePSP2 process, you must first place a withdrawal request.

{% hint style="info" %}
Please note:

* Withdraw PSP from staking incurs a cooldown period currently set at **one epoch**
* Once the withdrawal request is initiated, the un-staked PSP **will not be counted on the ParaBoostScore**
  {% endhint %}

Withdrawal requests can be found on the [<mark style="color:blue;">Earn page</mark>](https://app.velora.xyz/#/earn), under the ‘Unstake’ tab

<figure><img src="https://lh5.googleusercontent.com/63HXuOYqpGOmDOifq9LaX4nM3Pmjjrr1_4kakHPbuLpkihSlmIzO-5Ia7u00iARh6sUkPbEPJqny5MID4jDk6xiZ2JimBVhRQ_4S3foHp-OWa7dBesJCdDJQP0U_pbNvOkYUPXNoRlVLftSHo7UPPQTEao-MUf4dcE3zBJUYB9iowAnugkQXobla-y8Wig" alt=""><figcaption></figcaption></figure>

Once the cooldown period is over, you should head to the ‘Withdraw’ tab and click Withdraw to receive your PSP back.

### Canceling withdrawal requests

Under the ‘Withdraw’ tab, you can also cancel withdrawal requests at any time during the withdrawal process and even after it finishes. When a withdrawal request is canceled, your PSP is automatically re-staked.

<figure><img src="https://lh3.googleusercontent.com/gZ0t8e2M2WYC5yGW1WvYoLGeeU4uaxGwwHGEUz9_vyUBZsfbeHZIoTASsLeXdAGpqPoQx7SrrhfLATb3Xy7KxFRKrrH9ahmyOpsYop2lkEiO4dYRWsjRN3hu72rzso8XhoGW9ADnNKQ-9d4SVMB8irE61Wc73k51-HB-GybNJVmBRU12i8hOFO2Wj28SpQ" alt=""><figcaption></figcaption></figure>

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