Redeem Swap Pool Shares via Backstop Pool
Last updated
Last updated
Depending on the Swap Pool weightage of assets, you may be unable to withdraw the asset you provided to the Swap Pool fully. If that happens, you may withdraw what is owed to you from the Backstop Pool. Regardless of available liquidity in the swap pool, withdrawing via the Backstop Pool is always an option.
⚠️ Redeeming Swap Pool shares via the Backstop Pool has a timelock. (1000 blocks, approx: 5 hours)
Rates may differ when withdrawing via either the Swap Pool or the Backstop Pool. It is recommended to compare rates between the pools before withdrawing to yield best results. In the example below, redeeming via the Backstop Pool is the more feasible option.
Withdrawing from Swap Pool | Redeeming from Backstop Pool |
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