💸Token withdrawal

How does withdrawal work

In the Staking section, you need to switch to the Withdraw tab, where you can withdraw your staking tokens back to your wallet. But it is important to log in to your wallet before doing this!

You may have completed staking programs where you can withdraw your tokens. You will see a list of completed stakings and active ones, you can withdraw one by one (withdraw), or you can withdraw all (Withdraw all)

Next you will see a menu with token withdrawal processes

If something went wrong (connection lost, no SOL tokens to pay the commission, etc.), you will see the following menu:

Consider all the nuances and try again. After successful withdrawal of tokens, you will see the following menu. It indicates that the withdrawal of tokens was successful. Also at the bottom of the menu there will be a link to your transaction ID on the site solscan.io

And if you want to withdraw those tokens that are currently being staked, then:

• Staking bonuses for the current week will be cancelled.

• Also, an additional fee for early withdrawal of funds will be charged from the body of the staking deposit. On the first day of withdrawal, the fee is 20%, with each day it gradually decreases to 0% at the end of the staking period. Tokens minus the fee will be sent to your wallet immediately.

Fees. Important!!!

• In the Solana network, all transactions (claims, transfers, staking, etc.) require payment of network gas, for this you need to have $ 1-2 in SOL tokens.

• During the first 3 days after TGE, we will have an additional commission in $REDPANDA tokens, it will be 2%, but not more than 200 tokens. This is done to reduce the sell pressure. After 3 days, the commissions will disappear. Example:

  • If you claim 100,000 tokens, then 2% is 2,000 tokens, we have a limit of 200 tokens of commission. Therefore, net you will receive 100,000 - 200 = 99,800 $REDPANDA tokens.

  • If you claim 200 tokens, then 2% is 4 tokens. So net you will get 200 - 4 = 196 $REDPANDA tokens.