Unstaking sUSDf from Classic Yield
Last updated
Last updated
Step 1a: Navigate to the Classic Yield Section First, users locate the Earn tab on the Falcon App and select Classic Yield from its dropdown menu.
Step 1b: Navigate to Falcon Account Overview Alternatively, users may directly access their staked USDf through the Falcon Account Overview. Clicking Unstake under the sUSDf section will also redirect them to the staking interface.
Step 2: Indicate sUSDf Amount Users indicate the desired amount of sUSDf they wish to unstake, ensuring that they have a sufficient balance in their connected Web3 wallet. Users should also take note of the prevailing exchange rate of USDf to sUSDf indicated.
Step 3: Unstake sUSDf Once the amount of sUSDf is indicated, and users have confirmed the corresponding amount of USDf to be received, they can initiate the unstaking of sUSDf by clicking the Unstake button. This will trigger a transaction.
Step 4: Approve Transaction Users will be required to confirm and authorize the transaction within their Web3 wallet.
Step 5: Confirm Unstaking via Falcon Account Overview After unstaking is finalized and the transaction is confirmed, users should confirm that their newly unstaked assets are viewable under the Profile function located in the dropdown menu of the Account tab. Users should observe an increase in their USDf balance corresponding to the total value of the recent unstaking, and an equivalent decrease under their sUSDf balance.
After verification of successful unstaking, users can choose to redeem or claim their USDf for their initial collateral assets.
Refer to the and sections under the tab for further details.
