🩸Un-bonding and removing liquidity
Last updated
Last updated
Users with bonded liquidity tokens need to un-bond LP Tokens before redeeming LP tokens. The process takes 14 days, during which LPers are not eligible for incentives:
On the selected pool page, scroll down to the 'Bonded liquidity' section. Tick the 'Unbond' option, select the amount of LP tokens you want to un-bond and click on 'Unbond liquidity'. Approve transaction.
Done! You have now started the un-bonding process for LP tokens from the selected pool, a confirmation will be displayed at the top right corner. You have to wait a period of LP tokens before redeeming LP tokens.
Once the locking period has passed and LP tokens token are un-bonded, users can proceed to removing liquidity by redeeming LP tokens for pool pair assets:
on the same page, scroll up. Tick the remove option, select the amount of LP tokens you want to redeem and click on 'Remove Liquidity'. Approve transaction.
Done! You have now removed liquidity from the selected pool, a confirmation will be displayed at the top right corner. You can now see associated LP tokens in the 'Assets' section!
