StackingDAO
StackingDAO
StackingDAO
  • The basics
    • Stacking DAO Overview
    • The Importance of Liquid Stacking
    • Immediate and Continuous Yield with Stacking DAO
    • Points
  • The Stacking DAO app
    • stSTX - Liquid Stacking with STX Rewards
      • stSTX Basics
      • Depositing & Switching for stSTX
      • Withdrawing from stSTX
    • stSTXbtc - Liquid Stacking with BTC rewards
      • stSTXbtc Basics
      • Depositing & Switching for stSTXbtc
      • Withdrawing from stSTXbtc
    • Native Stacking with BTC Yield
      • Native Stacking with BTC Yield Basics
      • Depositing STX in Native Stacking Pool
      • Withdrawing STX From Native Stacking Pool
    • Signer Delegations & Analytics
    • What are the risks of using Stacking DAO?
    • Frequently Asked Questions
  • Core Contracts
    • Stacking DAO Core V4
    • Signer Onboarding
  • Audits
  • Miscellaneous
    • Essential links
    • Restricted countries
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  1. The Stacking DAO app
  2. stSTXbtc - Liquid Stacking with BTC rewards

Withdrawing from stSTXbtc

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Last updated 1 month ago

TL;DR:

  • Instant Unstack enables immediate withdrawals for Liquid Stacking tokens at a 1% fee.

  • Withdrawing STX with Stacking DAO will burn your stSTXbtc and give you a temporary NFT that represents your withdrawal amount.

  • You can initialize a Stacking DAO withdrawal at any time. The STX will unlock in the next cycle if you initialize the withdrawal more than 1 day (288 blocks, to be exact) before the PoX cycle ends. If you initialize the withdrawal on the last day of a PoX cycle, you will have to wait for another cycle.

Withdrawing STX from stSTXbtc follows the same process outlined on the stSTX withdrawal page.

How to withdraw

To withdraw your STX and burn your stSTXbtc:

  1. Navigate to the Stacking section and find the stSTXbtc card under "Active Positions"

  2. 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)Instant Unstack

This option is enabled thanks to idle STX that hasn't been stacked will facilitate instant withdrawals for stSTXbtc.

In the absence of idle liquidity, users can still swap on DEx or wait for the cycle to end to get their full STX amount back.

Reminder: this option has a 1% fee on the withdrawal amount.

In order to unstack, simply select the "Instant Unstacks" option, choose the amount to withdraw, and click the "Unstack" button in the UI:

2)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.