★ How to withdraw funds from farming
Text with one star ★ is recommended for experienced users. If you need a guide to basic operations on DEX, study this encyclopedia from the beginning.
Is it time to wrap up your farming activities? In this article, we’ll guide you through withdrawing earned rewards, LP-tokens, and locked assets from the liquidity pool. Keep in mind that these are three distinct operations.
Withdrawing Your Rewards from Farming
On the 'Pools' page, find your farm in the list by toggling 'My Pools.'
At the bottom of the page, locate the 'Farm Positions' menu and select 'My Positions' to see your position in the farm and the amount of earned rewards. Click 'Claim rewards' and confirm the transaction in your wallet to withdraw the earned rewards.
Your wallet will now contain only the rewards you have earned. LP tokens and previously locked funds will still remain in the smart contract. If you don't plan to continue farming the chosen token, you need to withdraw them separately – we'll explain how below.
How to withdraw your funds from farming
LP-tokens are special tokens that confirm your liquidity provision. They are the ones locked in the smart contract during farming. Let's first learn how to withdraw them – this action finishes farming and allows you to retrieve your funds at any time.
Step 1. In the 'Farm Positions' section (see above), click the minus button. If the button is inactive, your LP-tokens are still locked. The remaining time until unlocking will be indicated in the tooltip.
Step 2. If the mandatory lock-up period has passed, or you participated in farming without a lock-up, removing LP tokens will be available. Click '—,' and confirm the transaction in your wallet. LP tokens will be unlocked.
Remember that you can only withdraw staked tokens in full. Also, upon withdrawal, you will automatically receive all earned rewards. Withdrawing LP tokens does not return the funds you deposited into the liquidity pool. Here's how to do that:
Step 1. In the 'Pools' tab, choose 'My Pools' to display all pools where you provide liquidity and select the one from which you want to withdraw funds.
Step 2. At the bottom of the page, find the window with information about your provided liquidity. Click 'Withdraw.'
Step 5. In this window, you can choose how much percentage of your provided liquidity you want to retrieve. To withdraw the entire amount, choose MAX.
Step 6. Click 'Withdraw Liquidity' and confirm the transaction in your wallet. Voilà! All your funds, along with the earned rewards, have returned to you!
Withdrawing liquidity from the pool is also a transaction. You’ll need to have TON in your wallet for blockchain fees to execute this operation.
When withdrawing liquidity, pay attention to the quantity of each token in your position. The percentages from transactions have been continuously added to your position during liquidity provision. And always keep in mind the risk of impermanent losses. Learn more about it here.
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