Withdrawals

Users can unstake their stTOKEN or wstTOKEN through withdrawals. Upon unstaking stTOKEN, they will receive TOKEN at a 1:1 ratio. When unstaking wstTOKEN, the unwrapping process will take place seamlessly in the background.

The withdrawal process is simple and has two steps:

1. Request withdrawal: Lock your stTOKEN/wstTOKEN by issuing a withdrawal request. TOKEN is sourced to fulfill the request, and then locked stTOKEN is burned, which marks the withdrawal request as claimable. Under normal circumstances, this can take anywhere between 1-5 days.
2. Claim: Claim your TOKEN after the withdrawal request has been processed.

Press the Request tab, choose an amount of stETH/wstETH to withdraw, then press ‘Request withdrawal’. Confirm the transaction using your wallet and press ‘Claim’ on the Claim tab once it is ready.

Yes. Stakers can transform their stETH to ETH 1:1 using the Request and Claim tabs.

Yes. You can transform your wstETH to ETH using the Request and Claim tabs. Note that, under the hood, wstETH will unwrap to stETH first, so your request will be denominated in stETH.

When you request to withdraw wstETH, it is automatically unwrapped into stETH, which then gets transformed into ETH. The main withdrawal period is when stETH is transformed into ETH. That's why you see the amount pending denominated in stETH.

Yes. You can choose the requests you want to claim in the ‘Request List’ on the Claim tab.

The amount you can claim may differ from your initial request due to a slashing occurrence and penalties. For these reasons, the total claimable reward amount could be reduced.

Slashing is a penalty that affects validators for intentional or accidental misbehavior.

Mass slashing event is when slashing penalties are big enough to have the impact on Protocol's rewards in the current frame or in the future, esp. midterm penalties.

Slashing penalties are spread across stakers and may lower your total reward amount. For more information, check out What Are Staking/Validator Penalties.

Each withdrawal request is represented by an NFT: the NFT is automatically minted for you when you send a request. You will need to add it to your wallet to be able to monitor the request status. When the request is ready for the claim, the NFT will change it's appearance.

Different wallets have specific functionality for adding and working with NFT. Most often, you need to find the specific NFT Address and Token ID. These parameters you can find on Etherscan. Visit Etherscan, add your wallet, and locate the NFT transaction. Once located, open the NFT transaction, and you will see the Address and Token ID.

If you are a MetaMask user, use this guide.

Maybe your wallet doesn’t support the automatic changing of the NFT view. To renew the NFT, you can import the Address and Token ID of your NFT, and it could change it's appearance to a new “Ready to claim” one.