Smart Alpha Withdrawal Guide

This guide provides step-by-step instructions for withdrawing junior and senior positions from Smart Alpha using Etherscan

Before you start

Make sure you have access to the wallet you used to stake in the DAO.

Here's the list of contract addresses you may need for this guide:

Pool

Pool Address

Junior Token

Senior Token

How to withdraw from a junior or senior position

Step 1 - Make sure you redeemed proof of liquidity tokens

Depending on the pool you are in search for the junior or senior token address on Etherscan and call balanceOf function from Read Contract tab using your wallet address as the input parameter.

If the response is 0 but you know that you have deposited in the position, follow the instructions in Step 1.1.

Step 1.1 - Redeem proof of liquidity tokens

Open the address of the pool you are in on Etherscan
Go to Write Contract tab and connect your wallet
Use redeemJuniorTokens or redeemSeniorTokens methods depending on your position to redeem proof of liquidity tokens

Step 2 - Signal exiting from the position

The first step to removing your liquidity will be signalling that you want to exit after the current epoch ends. To do so:

Open the address of the pool on Etherscan
Go to Write Contract tab
Call exitJunior or exitSenior method using the response of balanceOf method call (from Step 1) as an input parameter

Step 3 - Redeem underlying

After completing Step 2 you will need to wait until the current epoch ends. Epochs are designed to restart every Monday at 9:00 AM EST. After the new epoch has started, follow the next steps:

Open the address of the pool on Etherscan
Go to Write Contract
Find redeemJuniorUnderlying or redeemSeniorUnderlying methods and click "Write"

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Last updated 1 year ago