UD Parking is a new custody solution from Unstoppable that gives you flexibility in how you store your Web3 domains. With UD Parking, we’ll secure (or “park”) your domains in a private domain vault created specifically for you. Just like with a self-custodial wallet, your domains will be claimed on-chain and verifiably owned by you. You can read our blog post here.
How can I purchase parking?
How can I claim my domains to my own self-custody wallet?
What happens if I don't claim my domains and I do not pay for parking?
What is parking?
UD Parking is an optional custody solution that helps keep your domains safe.
With Parking, your domains are claimed on-chain and verifiably owned by you – just like with a self-custodial wallet – but they’re kept separate from your other assets in a private domain vault. This helps diversify your assets, reducing the risk of hackers stealing your domain or making unauthorized changes – even if your own wallet gets compromised.
Unstoppable Parking is $4 per year for each domain, and $10 per year for each domain priced at $100 or more. Own lots of domains? You can park all your Unstoppable domains for $99 per year with Bulk Parking.
Keeping your domains separate from your other crypto assets reduces the risk of hackers stealing your domain or making unauthorized changes—even if your own crypto wallet gets compromised. With UD Parking, the private keys to your vault are encrypted and protected, in alignment with industry best practices. You’ll have the option to transfer your domains from UD Parking to a self-custodial wallet at any time.
You can keep your domains in your self-custodial wallet with no change. Any domain purchased after March 9th, 2023 at 22:30pm UTC will need to be moved to your own self-custodial wallet within 7 days of purchase if you do not wish to pay for UD Parking. After 7 days, you will not be able to move your domain to your own wallet without paying the fee for custody. If you already hold your Web3 domains in Unstoppable’s custody, you’ll need to switch to UD Parking or transfer your domains to a self-custodial wallet before May 30th 2023.
How to purchase
When buying a domain, you will be asked if you wish to claim your domain to your own wallet, or purchase Unstoppable Parking:
Self-custody: Self-custody is free. Please ensure you claim your domain to your own non-custodial wallet within 7 days.
Parking: UD Parking costs just $4 per year for each domain under $100 and $10 per year for each domain $100 and up.
Bulk Parking: Bulk Parking is $99 per year. There is no limit to the number of domains you can park if you purchase Bulk Parking.
Move a domain into Parking
If you would prefer to move your claimed domains into parking, this can be done by going to your domains page and clicking 'Manage' next to the domain you wish to move into parking:
Then, on the left-hand side of the page, navigate down to 'Parking' and click 'Buy Parking'. We accept payments via Card, Paypal, Crypto.com, and a selection of the most popular Cryptocurrencies:
Once purchased, return to the 'Parking' section of the Domain page. Click 'Park domain', and then sign the transaction with your crypto wallet:
The domain will then be transferred from your own wallet to your parking wallet. This process will usually take a few minutes, but please be patient during times of heavy network use. You can track the Polygon network status and gas prices here: https://polygonscan.com/gastracker.
Once complete, your domain will display as 'Parked'. You can move the domain between parking and your own wallet at any point, as long as your Parking subscription is active:
How do I self-custody my domain?
Don’t want to park your domains with Unstoppable? No problem!
As always, you own your domains and can easily self-custody by claiming in your own wallet with the directions below (if you need to set up a wallet, check out the 145+ awesome ones that have integrated Unstoppable domains here). There is no charge to self-custody your domains.
1) Go to “My Domains.” If you have parked domains without a parking subscription, you will see the options below. To park an individual domain, click on the “Claim/Park” button.
2) Click “Claim into your wallet.”
3) You will see an option to claim multiple domains at once, or to continue with a single domain.
4) After selecting which domains to claim, next you’ll connect your wallet.
5) Select your wallet and click “Confirm.”
6) The claiming process has now started. Click “Track Progress” to see the real-time status of the transfer.
7) You can track it under the “Transactions” tab. The status will change from “Pending” to “Completed” once the transfer is confirmed.
8) That’s it! You can confirm the transaction on PolygonScan.
What happens if I don’t claim my domains or opt into UD Parking?
If you don’t self-custody your domains before May 30th 2023, you’ll still own your domains, but you’ll need to pay for a year of UD Parking in order to move or use them in the future.
By adding custody solutions, we are excited to give people an easy way into Web3 and options for how to build their digital identities. Thank you for being part of this journey.
If you have any questions about Unstoppable Parking or how to self-custody your domain, please reach out to us at support@unstoppabledomains.com.