Withdraw Guide
This guide provides a step-by-step walkthrough of how to withdraw your capital and accumulated yield from a Noderr yield vault.
Before You Begin
- Web3 Wallet: Ensure you are connected to the Noderr dApp with the same wallet you used to deposit.
- Unbonding Period: Please be aware that all withdrawals are subject to a 28-day unbonding period. This is a security measure to protect the protocol from bank runs and market manipulation.
Step-by-Step Guide
Step 1: Navigate to the Vault Detail Page
Visit the Noderr dApp, navigate to the "Vaults" section, and click "View Details" on the vault you wish to withdraw from.
Step 2: Select the "Withdraw" Tab
On the vault detail page, select the "Withdraw" tab to access the withdrawal form.
Step 3: Enter Withdrawal Amount
Enter the amount of vault tokens (e.g., nUSDC) you wish to withdraw. You can either type the amount manually or use the "Max" button to withdraw your balance.
Step 4: Initiate the Withdrawal
Click the "Withdraw" button and confirm the transaction in your wallet. This will initiate the 28-day unbonding period.
The 28-Day Unbonding Period
Once you have initiated a withdrawal, your funds will enter a 28-day unbonding period. During this time, your funds will no longer earn yield, but they will be securely held by the protocol until the unbonding period is complete. You can track the status of your withdrawal on the dApp's dashboard. The dashboard will show you the remaining time until your funds are available to be claimed.
Step 5: Claim Your Funds
After the 28-day unbonding period has passed, you will need to return to the vault detail page to claim your funds. A "Claim" button will appear once your funds are ready. Click the "Claim" button and confirm the transaction in your wallet. The underlying capital (e.g., USDC) will then be transferred to your wallet.