Renewal Questions

Why can't I renew my core?

There are multiple reasons why a core cannot be renewed. Instead of trying to outline all the reasons, we will list all the requirements for a core to be renewable.

For a core to be renewable in the upcoming cycles it must not be interlaced or partitioned. Additionally, the core must be assigned to a task with Final finality. Cores assigned to the Instantaneous Coretime pool cannot be renewed. Renewal is only available when the core is assigned to a task(parachain).

When to renew?

There are three phases in the bulk sale:

• interlude phase

• leadin phase

• fixed price phase

Renewals can be made in any phase; however, it is recommended that they are made during the interlude phase. Otherwise, there is a risk that the core could be sold on the market, preventing the renewal.

Renewals must be made in advance. If a core is purchased in bulk sale #1, this means the user has obtained a core for the upcoming bulk period (during which bulk sale #2 takes place). The renewal must be made in bulk sale #2, ideally during the interlude phase.

Is it always worth renewing?

It is not always worth renewing a core. The renewal price is determined based on the price at which the user initially purchased the core from the market. If the price of cores drops in the next sale, it may be more advantageous to purchase a new core at the lower price and abandon the previous core. This will also reduce the renewal cost for that core in the future.