Withdraw
How to withdraw from a Cadmos Pool.
Last updated
How to withdraw from a Cadmos Pool.
Last updated
Investment Pool withdrawals are handled in the Pool chosen Base Currency. Withdrawals are by default permissionless and the Pool Administrator can configure the following restrictions:
Minimum and maximum withdrawal limits
Investor Whitelist
If you qualify to withdraw from the Pool, you will be able to click on the "Withdraw" Button at the bottom right of the Pool Page.
The First Step is to approve the Investment Pool withdrawal smart contract for the Investment Pool token.
There are two options:
Approve Exact: Approve the contract for the exact amount you intend to withdraw.
Approve Max: Approve the contract for any withdrawal amount. By selecting this option you will be able to withdraw in the future in one step instead of two, hence saving on gas costs.
Once the contract has been approved you will be able to withdraw the intended amount.
After depositing your Investment Pool tokens into the smart contract, you will be queued with other withdrawers into the redemption smart contract. Your withdrawal will only effectively be converted into Base Currency tokens upon the Administrator's order, during batch-settlement.
While your withdrawal is in queue, you will see an amount under the Processing Withdrawal section of the Pool Page Wallet Panel.
You may cancel an in-process withdrawal by clicking on the "Cancel Withdrawal" button at the bottom right of the Pool Page.
Note: The Administrator may configure a Withdrawal Cooldown period, which is a minimum waiting time after which a withdrawal may be cancelled.
Once the withdrawal is processed, you can collect your tokens by using the dedicated button at the bottom right of the Pool Page.
