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  • How to unstake LP tokens
  • Summary

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  1. Using Sumero
  2. Staking

Unstaking LP Tokens

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Last updated 2 years ago

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Once users unstake their USDC-CLAY LP tokens, these LP tokens immediately stop earning Clay rewards. Users can still claim any outstanding Clay rewards after they have unstaked their LP tokens.

How to unstake LP tokens

  • Go to the Sumero Stake tab.

  • Connect your wallet by clicking “Connect Wallet” at the top right.

  • Click the 'Options' button under the USDC-CLAY pool.

  • Select Unstake USDC-CLAY.

  • In the input field, enter the amount of LP tokens you want to unstake.

  • Select 'Unstake' and sign the transaction in your wallet.

  • Once this transaction is confirmed, your LP tokens will be returned to your wallet and you will stop earning CLAY staking rewards.

  • When your LP tokens appear in your wallet, navigate to the Pool page.

  • Under the 'Withdraw' tab, select USDC-CLAY from the toggle list of LP token options.

  • Input the amount of USDC-CLAY LP tokens you would like to exchange for the underlying asset pair.

  • Click 'Approve' to allow the protocol to exchange your LP tokens for the underlying assets. Sign the transaction in your wallet.

  • Finally, select the 'Withdraw Liquidity' button and sign the corresponding transaction in your wallet.

  • Once this transaction has been confirmed, the USDC and Clay assets comprising your stake in the pool will be returned to your wallet.

Summary

  • Users can unstake their USDC-CLAY LP tokens from the USDC-CLAY staking pool.

  • Users receive their original USDC-CLAY LP tokens representing their portion of the pooled assets.

  • Users can then exchange their USDC-CLAY LP tokens for the underlying USDC and Clay assets comprising their stake in the pool.