LEEQUID
  • 👋 Welcome
  • Navigating LEEQUID
    • 🌱 Staking
      • The staking protocol
      • Matching stake to unstake requests
      • Potential wait times while staking
      • Deposited LYX lifecycle
      • Importing sLYX to your wallet
    • 🍇 Collecting rewards
      • Reward distribution in the LEEQUID protocol
      • Auto-compounding
      • Withdrawing rewards
      • Reward calculation in Proof of Stake
    • 🍂 Exiting the protocol
      • Option 1: swapping sLYX for LYX
      • Option 2: unstaking through the staking pool
      • Matching unstake to stake requests
      • Potential wait times while unstaking
    • 🍷 Claiming
      • Claim queued stake
      • Claim unstaked LYX
      • Claim rewards
    • 🔄 Swapping
      • LYX for sLYX: An instant alternative to staking
      • sLYX for LYX: an instant alternative to exiting
      • Providing liquidty
      • Providing Liquidity: a practical example
  • LEEQUID in depth
    • 🔐 Protocol security and risks
      • Security overview
      • Smart contract code correctness
      • Slashing and unexpected validator behaviour
      • sLYX token: economic balance
      • Validator key management
    • 📃 Smart contracts
      • Oracles
      • Merkle Distributor
      • Rewards
      • Pool
      • StakedLyxToken
      • FeesEscrow
    • 💧 The sLYX token
      • Acquiring sLYX
      • 1:1 ratio with LYX
      • Potential unpeg of sLYX from LYX
    • 💦 The liquidity pool (DEX)
      • Implementation
  • Incident Response
    • Contacts
    • Vulnerability Disclosure Policy
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  1. Navigating LEEQUID
  2. 🍷 Claiming

Claim unstaked LYX

Last updated 1 year ago

Exiting the protocol is never an instant process unless you exit via .

If you choose to exit through the staking pool, your stake will enter the and once that process completes you'll be able to redeem your LYX from the protocol.

Unstaking through the staking pool is a 2-step process: first, a user initiates the request, returning an amount of sLYX equal to the LYX to be withdrawn; then the user claims the exited LYX, in a second transaction.

The state of your unstake request in the LEEQUID platform will change once your coins are available to claim. This might take a few hours, and up to a few days. If you want to know more about the length of the unstaking process, refer to of the documentation.

If you only exit a portion of your stake and later exit the rest, two different unstake requests will be created, but they can be claimable all at once later on.

There is no limit to the time your coins can remain in the "Claimable" state. Once the exit process is finished at the Proof of Stake protocol level, your LYX will have moved from the LUKSO official deposit contract to the LEEQUID protocol and should remain available to claim for an indefinite period of time.

swapping through the liquidity pool
unstake flow
this section