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Withdraw
Users can withdraw their deposit anytime by burning their LP tokens which they obtained on deposit. In case the LP tokens are staked, they will first need to be unstaked before they can be withdrawn.
To prevent arbitrage, a small fee is charged on withdrawing from tokens whose liquidity ratio < 1. An additional fee is also charged when the NLR (Net Liquidity Ratio) < 1. This is done to prevent the protocol from becoming insolvent.
To circumvent this, users are allowed to withdraw in other tokens whose liquidity ratio > 1, thus eliminating the withdrawal fees. Detailed explanation in Withdrawal Fees
Last modified 3mo ago