🤨How to withdraw underlying asset?

Users can burn their shares & withdraw underlying assets with 24 hours cooldown period.

User can burn their shares to withdraw corresponding underlying asset

User can come back to the app to withdraw their request post cooldown

Once the existing request is withdrawn, user can create another request

Using the UI, here is how the withdraw flow works:

1. The user goes to app.fractality.xyz.

2. The user navigates to "Withdraw" or directly to app.fractality.xyz/withdraw.

3. The user defines the number of shares that will be burned to withdraw the underlying token.

4. The user clicks the "Withdraw Request" call-to-action.

   1. The withdraw request locks the exchange rate for the user by burning the shares.

   2. If desired, the user can set custom slippage; otherwise, the exchange rate at the time of the transaction will apply.

5. The user follows wallet prompts and signs the required transactions.

   1. A 24-hour cooldown period begins.

6. The user can have one withdrawal request at a time.

7. After the cooldown period, the user can withdraw the requested underlying asset.

Related Data Points on the Supply Page

Receive The amount of shares expected to be received based on the exchange rate at the time of input.

Reward The reward amount is calculated as the value of the current assets minus the difference between the total amount deposited and the total amount withdrawn. In simpler terms, it represents how much more or less your assets are worth compared to the net amount you've deposited (after accounting for withdrawals).

CurrentRewardAmount: converttoAssets() - (sum[deposits] - sum[withdrawals])

Withdraw Request The user requests a withdrawal using this call to action, which starts a 24-hour cooldown period.

Post Withdraw Request Modal

• Amount: The number of shares requested to be burned in order to receive the corresponding underlying asset.

• Cooldown Ends: The timestamp when the requested withdrawal becomes liquid.

• Cooling Down: The inactive state of the call to action while the cooldown period is in progress.

• Withdraw: The active state of the call to action after the cooldown period, at which point the user can withdraw the assets.

Withdraw Fee The fee applied to each withdrawal.