To unstake your bLUNA tokens, visit https://app-demo.anchor.money/bond/burn. Users must burn their bLUNA tokens to receive LUNA tokens.
Users are given two options to unstake their bLUNA tokens: Burn and Instant Burn.
The most common method of unstaking bLUNA tokens is to burn them, thus receiving LUNA tokens in a 1:1 ratio. Please note that there is a 21-day unbonding period during which your tokens will be non-transferable.
If you wish to bypass the 21-day unbonding period you can choose the Instant Burn method and have your LUNA tokens transferable immediately. Please note that there is a fee associated with this and that you will not receive LUNA tokens in a 1:1 ratio.