Unsubscribing From The Single-Sided ℓUSD Pool

Dear Linear Community,

As stated in our blog entry on June 2, 2022, the single ℓUSD pools will stop emitting rewards as of June 30, 2022, at 04:00 am UTC. Additionally, the ℓUSD/BUSD pool will be allocated additional rewards to increase the attractiveness of staking the ℓUSD/BUSD LP token.

If you are currently subscribed to the singled sided ℓUSD Vault please follow the steps below to unsubscribe:

Step 1: Unsubscribe from the pool

Rewards periods run from Thursday — Thursday at 04:00 AM GMT. After unsubscribing, please wait until the following Thursday at 04:00 AM GMT and then proceed with the next steps.

Step 2: Unstaked your ℓUSD and claim your pending rewards.

Step 3 (optional): Add liquidity to the ℓUSD-BUSD LP and stake your LP tokens on Linear Vault.

Note: If you wish to unstake your ℓUSD and claim rewards at 04:00 Thursday 30th you will need to unsubscribe before 03:59 GMT Thursday 30th. Should you unsubscribe after this date, then you will need to wait another rewards period and then unstake and claim your rewards the following Thursday after 04:00 GMT.

The below table will give you an overview of the unsubscribe, unstake and claim periods:

For any further assistance you may require, please reach out to our admins on Discord, and they will walk you through the process.

Kind regards,

Linear Finance Team

About Linear Finance

Linear Finance is a cross-chain compatible, decentralized delta-one asset protocol that allows users to get synthetic exposure to various assets, including cryptocurrency, commodities, and market indices. Users can utilize our cross-chain swap functionality to instantly swap assets across leading blockchain environments and DeFi protocols with unlimited liquidity and zero slippage.

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