Withdrawals
First Phase
- To initiate a withdrawal, open the
Staked Availtoken contract on Etherscan. Click here to navigate to the site. - Connect your wallet to Etherscan by clicking on the
Connect to Web3button. - Locate the
burn()function in theWrite as Proxytab. - Enter the amount you wish to withdraw and confirm the transaction.
- Wait for the transaction to be confirmed on the Ethereum network.
- Note the NFT token ID that is generated as a result of the burn transaction. This will be required in the next step.
Second Phase
- 28 days after the first phase is fully completed, you can initiate the second phase of the withdrawal process. Click here to navigate to the site.
- Open the
Avail Withdrawal Helpercontract on Etherscan and navigate to theWrite as Proxytab. - Connect your wallet to Etherscan by clicking on the
Connect to Web3button. - Locate the
burn()function. - Enter the the NFT token ID obtained from the first phase, then confirm the transaction.
️ℹ️
Before confirming the transaction, double-check that the transaction is executable. If the transaction is not ready to be executed, it may fail and result in the loss of gas fees. This usually just means that the contract does not have enough AVAIL tokens to complete the withdrawal. You should try again in a few days as withdrawals are processed on a rolling basis.
- Wait for the transaction to be confirmed on the Ethereum network.
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