Withdrawing from stSTXbtc
Last updated
Last updated
Withdrawing STX from stSTXbtc follows the same process outlined on the stSTX withdrawal page.
To withdraw your STX and burn your stSTXbtc:
Navigate to the Stacking section and find the stSTXbtc card under "Active Positions"
Click the "Unstack" button on the stSTXbtc card to request a withdrawal from the protocol
This will bring you to the "Unstack stSTXbtc" section, which presents users with the option to withdraw STX.
1)Unstack with Stacking DAO:
In order to unstack, simply choose the amount to withdraw, and click the "Unstack" button in the UI.
Unstacking the stSTXbtc with Stacking DAO will not immediately give you the STX back, since you will have to wait until the end of the PoX cycle.
Instead, you will receive a withdrawal NFT that allows you to claim the amount of STX tokens displayed in the UI. IMPORTANT: do not transfer, burn or sell this NFT or you won't be able to claim your STX tokens.
Once the PoX cycle ends, the NFT will appear in your Active Positions on the main page (when your wallet is connected):
When the Bitcoin block height is reached, you will be able to withdraw your STX. If you never claim the STX using your NFT, the NFT will simply be valid and you can claim the STX at any time when the withdrawal opens. It does not expire.
For those accumulating points: the NFT will not count towards any points. As soon as you initialise a withdrawal and the stSTX leaves your wallet, you will not earn points any longer for the amount of stSTX you are withdrawing.