(Re)staking Withdrawal Guide

Understanding Withdrawals

Standard Withdrawal Process: The primary method for exiting (re)staking positions follows a three-step process:

1. Initiate withdrawal - Choose amount and start cooldown
2. Two-epoch cooldown period - Wait approximately 4-5 days
3. Complete withdrawal - Claim your assets after cooldown

Why the Waiting Period:

• The protocol requires a two-epoch cooldown for security
• This helps maintain system stability and protects all deposited assets
• Your funds remain locked during this period and stop earning rewards
• Cooldown cannot be cancelled once initiated

Important Considerations:

• Withdrawal incurs both a 0.1% withdrawal fee and 0.1% program fee (0.2% total)
• Individual vaults may have additional withdrawal fees
• Assets stop earning rewards during the cooldown period
• Market conditions may affect the timing of your exit strategy

Before You Withdraw

Review Your Position:

• Check current vault value and performance
• Calculate potential fees and costs
• Consider timing and market conditions
• Evaluate alternative strategies

Understand Timing:

• Two-epoch cooldown period (approximately 4-5 days)
• Plan for asset unavailability during the entire cooldown
• Consider current epoch timing when initiating withdrawals
• Account for potential network congestion affecting transaction speed

Step 1: Access Your (Re)staking Position

1. Navigate to jito.network/restaking/dashboard/
2. Connect your wallet if not already connected
3. Locate the vault position you want to exit in the "My Vaults" section
4. Click the "Initiate Withdrawal" button next to your chosen position

Step 2: Initiate Withdrawal

Select Withdrawal Amount:

• Choose between partial or full withdrawal from your position
• Enter the VRT token amount you want to redeem (e.g., "bzSOL" tokens)
• Use the "Max" button to withdraw your full position
• Review the exchange rate shown (e.g., "1 bzSOL ≈ 1.0031 BNSOL")

Review Withdrawal Details:

• To Receive: Shows the underlying asset amount you'll get (e.g., "BNSOL")
• Fees: Displays withdrawal fees - typically "0.10% withdrawal fee & 0.10% program fee"
• Net Amount: Final amount after fees are deducted

Withdrawal Process:

• Standard Process: Normal two-epoch cooldown with standard fees
• Cooldown Period: Approximately 4-5 days before assets are claimable
• You cannot cancel or modify the withdrawal once initiated
• Click "Initiate Withdrawal" to begin the cooldown process and claim your original assets

Step 3: Choose Withdrawal Method

Standard Withdrawal Process

Unbonding Period (Two Epochs):

• Assets enter a secure unbonding queue
• Cooldown period lasts approximately 4-5 days
• Your VRT tokens are locked during this time
• Duration is fixed and cannot be shortened

During the Cooldown:

• Your assets stop earning rewards immediately
• Withdrawal cannot be cancelled once initiated
• You can monitor progress on your dashboard
• VRT tokens remain in your wallet but are marked for withdrawal

Completion Process:

• After cooldown completes, claim becomes available
• Navigate to "In Withdrawal" section of your dashboard
• Execute the final "Complete Withdrawal" transaction
• Your original assets are returned to your wallet
• VRT tokens are burned in the process

Step 4: Execute Withdrawal

Review Transaction Details:

• Verify withdrawal amount and method
• Check all fees and expected outputs
• Confirm asset types you'll receive
• Review timing expectations

Approve Transaction:

• Sign the withdrawal initiation transaction in your wallet
• Pay the required transaction fees (in SOL)
• Wait for blockchain confirmation (usually 30-60 seconds)
• Save the transaction signature for your records

Track Progress:

• Monitor unbonding status on your (re)staking dashboard
• Check the "In Withdrawal" section for progress updates
• Each withdrawal shows:
  • Asset type being withdrawn (e.g., JitoSOL, JTO)
  • Withdrawal amount and source vault
  • Status: "Ready to Withdraw" when cooldown completes
  • Withdraw button to claim when ready
• Note the expected completion date (approximately 4-5 days)
• Set calendar reminders for when you can complete the withdrawal

Step 5: Complete Withdrawal

Completing Your Withdrawal

Monitor the Cooldown:

• Regularly check your dashboard for status updates
• Look for notifications when the cooldown period ends
• Prepare to execute the final claim transaction
• Ensure you have SOL for the completion transaction fees

Claim Your Assets:

• Go to the "In Withdrawal" section of your dashboard
• Find your withdrawal marked as "Ready to Withdraw"
• Click the "Withdraw" button next to your completed cooldown
• The interface shows:
  • Amount available to withdraw (e.g., "0.00001432 ezSOL")
  • Final confirmation: "In finalizing this withdrawal, X JitoSOL will be transferred to your wallet and the VRTs will be burned"
• Click "Complete Withdrawal" to finalize
• Sign the final claim transaction in your wallet
• Pay transaction fees for processing the claim
• Verify your original assets appear in your wallet and VRTs are burned

Final Verification:

• Confirm you received the expected amount of assets
• Account for any withdrawal fees that were deducted
• Check that your VRT tokens were properly burned
• Save transaction records for tax and accounting purposes

Alternative Exit Strategies

VRT Token Trading:

• Sell VRT tokens on secondary markets (if liquidity exists)
• Avoids the two-epoch unbonding period for immediate liquidity
• May trade at premium or discount to underlying asset value
• Check market depth and slippage before trading

Position Management:

• Add more assets to existing positions anytime
• Transfer VRT tokens between wallets if needed
• Use VRT tokens in compatible DeFi protocols for additional yield

This guide covers standard withdrawal processes. Specific vaults may have unique requirements or procedures. Always check vault-specific documentation and current terms before initiating withdrawals.