FAQ: How do I unstake my LP token on Collection.xyz?

Any individual who has created two-sided liquidity pools under Collection.xyz vaults will be able to unstake their LP token and claim all accrued rewards and accumulated swap fees from the platform — follow these steps below to get started.

Unstaking LP tokens on Collection.xyz

Option #1 — Starting from “Your Vaults” section

1. Navigate to the “Your Vaults” section on the Collection.xyz main page and select the “Current deposits” tab to access your pool deposits.
2. Navigate to the Collection vault that contains your liquidity pool(s).
3. Click on the “Withdraw all” button to access the Withdraw interface.
4. Select the “Unstake token” button and select LP token(s) to proceed.
5. Ensure the “Unwind LP token and withdraw my NFT/ETH” toggle switch is off.
6. Click on the “Unstake LP token & Claim” button to initiate withdrawal.

• This initiation will withdraw your LP token, accrued rewards and accumulated swap fees that remain in the vault to date.

8. Confirm the transaction to finalize the withdrawal.

Option #2 — Starting from Collection.xyz main page

1. Navigate to the Global Vaults page or Top Vaults section on the Collection.xyz main page and select a Collection vault to withdraw from.
2. Select the “Withdraw” tab.
3. Select the “Unstake token” button and select LP token(s) to proceed.
4. Ensure the “Unwind LP token and withdraw my NFT/ETH” toggle switch is off.
5. Click on the “Unstake LP token & Claim” button to initiate withdrawal.
6. This initiation will withdraw your LP token, accrued rewards and accumulated swap fees that remain in the vault to date.
7. Confirm the transaction to finalize the withdrawal.

This is the current iteration of Collection.xyz and its interface will change with time as we implement new features and functionalities for our users.

We’d love to hear what you think! Join the Collection.xyz community Discord to chat with our team and follow on Twitter for the latest updates.

Updated as of Nov 8, 2022 by Team Collection.xyz

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