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Unwrap

pSTAKE users who wish to withdraw (unwrap) their native tokens from the pSTAKE platform can do so by using the ‘Withdraw’ request on the pStake platform. Withdrawal of tokens is an instant process and can only be done when a user holds pTOKENs. If a staker or stkTOKEN holder wants to withdraw her native assets, they will first have to unstake stkTOKENs to mint pTOKENs.

When a user sends a ‘Withdraw’ transaction an equivalent amount of pTOKENs are burned and the native tokens are transferred back to the user’s native token wallet address. No withdrawal fee is charged by pStake.