How To

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Withdrawals

Standard Withdrawal with Delays

this is the standard queued withdrawal without fee and without rate limit:

1. Unwrap weETH to eETH: If you hold weETH, you need to unwrap to eETH. Use weETH.unwrap. Note that you need eETH.approve with spender = weETH contract.

2. Initiate withdrawal: You can use LiquidityPool.requestWithdraw, then you will receive the WithdrawRequestNFT which is ERC721 NFT representing your queued withdrawal.

3. Check the status of the withdrawal: use WithdrawRequestNFT.isFinalized(nftTokenId). You can preview the exact ETH you will receive with WithdrawRequestNFT.getClaimableAmount(nftTokenId). Once a request is finalized, its payout is locked in: later rebases no longer change the amount.

4. Claim: use WithdrawRequestNFT.claimWithdraw(nftTokenId)

Instant Withdrawal without Delay

this is the instant redemption with a small exit fee and a rate limit. The fee and the rate limit are set per token (eETH / weETH), and the instant withdrawal is only allowed when the buffer liquidity is above the low watermark (a percentage of eETH TVL). Both the fee and the watermark are hard-capped at 5% in code; read the live values onchain as below.

1. (optional) Check the fee and low watermark: use EtherFiRedemptionManager.tokenToRedemptionInfo(token) with token = the eETH or weETH address. It returns the rate-limit bucket plus exitFeeInBps and lowWatermarkInBpsOfTvl for that token.

2. Check if redeemable: use EtherFiRedemptionManager.canRedeem(amount, token) where amount is the ETH amount of the eETH/weETH being redeemed. You can also check the available buffer with getInstantLiquidityAmount(token).

3. Redeem: Use either redeemEEth(amount, receiver, outputToken) or redeemWeEth(amount, receiver, outputToken). outputToken selects what you receive: 0xEeeeeEeeeEeEeeEeEeEeeEEEeeeeEeeeeeeeEEeE for ETH, or the stETH address for stETH. Note that you need eETH.approve or weETH.approve with spender = EtherFiRedemptionManager contract.