Early Withdrawal
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Last updated
Last updated
If you make an early withdrawal before the position of your Fuel Cell matures, you will lose a portion of your staked $H2 and Extra $H2 tokens as penalty. The rewarded $H2 tokens your fuel cell position has accrued will not be affected.
If you withdraw after the lockup period is over, you will get the full amount of your $H2 tokens back.
If you do not withdraw your tokens after the lockup period is over, you will continue to accrue rewards at the rate of your position’s indicated multiplier.
The penalty rate for early withdrawal depends on the activation cycle. The longer the lockup duration, the greater the penalty rate is. Below are the activation cycles and their corresponding estimated early withdrawal penalty rates:
| Activation Cycle | Estimated Early Withdrawal Penalty Rate |
|---|---|
3 months | 60% |
9 months | 70% |
24 months | 80% |
48 months | 90% |
The penalty will be calculated based on the initial deposit, please refer to the amount at time of early withdrawal.
Step 1: Locate the Fuel Cells Page
Head to the “$H2” tab on the navigation bar and hover on the tab. A dropdown with Fuel Cells will appear. Click on the dropdown and you’ll find the relevant details.
Step 2: Select Position to Withdraw and Confirm Withdrawal
Make sure you are on the “My Positions” tab on the Fuel Cells page. Locate the position you want to withdraw from.
Regular Withdrawal: If the lockup period is over, simply click “Withdraw”. Check the withdrawal information before hitting “Confirm” to finalize the transaction.
Early Withdrawal: If you want to withdraw your tokens before the lockup period is over, click on the actions menu (the three-dot icon) in the position’s details box and select “Withdraw Early.” Check the withdrawal information before hitting “Confirm” to finalize the transaction.
