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Update Ethereum Staking Widget “faq-withdrawals-request-page”
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ethereum-staking-widget/faq-withdrawals-page-request-tab.md
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pageIdentification: Withdrawals_Page_Request_Tab | ||
faq: | ||
- answer: Users can unstake their stETH or wstETH through withdrawals. Upon | ||
unstaking stETH, they will receive ETH at a 1:1 ratio. When unstaking | ||
wstETH, the unwrapping process will take place seamlessly in the | ||
background. | ||
question: What are withdrawals? | ||
questionId: What_Are_Withdrawals | ||
- question: How does the withdrawal process work? | ||
questionId: How_Does_The_Withdrawal_Process_Work | ||
answer: >- | ||
The withdrawal process is simple and has two steps: | ||
1. **Request withdrawal**: Lock your stETH/wstETH by issuing a withdrawal request. ETH is sourced to fulfill the request, and then locked stETH is burned, which marks the withdrawal request as claimable. Under normal circumstances, this can take anywhere between 1-5 days. | ||
2. **Claim**: Claim your ETH after the withdrawal request has been processed. | ||
- question: How do I withdraw? | ||
questionId: How_Do_I_Withdraw | ||
answer: Press the [Request tab](https://stake.lido.fi/withdrawals/request/), | ||
choose an amount of stETH/wstETH to withdraw, then press ‘Request | ||
withdrawal’. Confirm the transaction using your wallet and press ‘Claim’ | ||
on the [Claim tab](https://stake.lido.fi/withdrawals/claim/) once it is | ||
ready. | ||
- question: Can I transform my stETH to ETH? | ||
questionId: Can_I_Transform_My_stETH_To_ETH | ||
answer: Yes. Stakers can transform their stETH to ETH 1:1 using | ||
the [Request](https://stake.lido.fi/withdrawals/request/) and [Claim](https://stake.lido.fi/withdrawals/claim/) tabs. | ||
- question: Can I transform my wstETH to ETH? | ||
questionId: Can_I_Transform_My_wstETH_To_ETH | ||
answer: Yes. You can transform your wstETH to ETH using | ||
the [Request](https://stake.lido.fi/withdrawals/request/) and [Claim](https://stake.lido.fi/withdrawals/claim/) tabs. | ||
Note that, under the hood, wstETH will unwrap to stETH first, so your | ||
request will be denominated in stETH. | ||
- answer: When you request to withdraw wstETH, it is automatically unwrapped into | ||
stETH, which then gets transformed into ETH. The main withdrawal period is | ||
when stETH is transformed into ETH. That's why you see the amount pending | ||
denominated in stETH. | ||
question: When I try to withdraw wstETH, why do I see the stETH amount in my request? | ||
questionId: When_I_Try_To_Withdraw_wstETH_Why_Do_I_See_The_stETH_Amount_In_My_Request | ||
- answer: Under normal circumstances, the stETH/wstETH withdrawal period can take | ||
anywhere between 1-5 days. After that, you can claim your ETH using | ||
the [Claim tab](https://stake.lido.fi/withdrawals/claim/). | ||
questionId: How_Long_Does_It_Take_To_Withdraw | ||
question: How long does it take to withdraw? | ||
- answer: |- | ||
* The amount of stETH in the queue. | ||
* Perfomance of the validator poolside. | ||
* Exit queue on the Beacon chain. | ||
* Demand for staking and unstaking. | ||
question: What are the factors affecting the withdrawal time? | ||
questionId: What_Are_The_Factors_Affecting_The_Withdrawal_Time | ||
- question: Do I still get rewards after I withdraw? | ||
questionId: Do_I_Still_Get_Rewards_After_I_Withdraw | ||
answer: No. After you request a withdrawal, the stETH/wstETH submitted for | ||
unstaking will not receive staking rewards on top of your submitted | ||
balance. | ||
- answer: There’s no withdrawal fee, but as with any Ethereum interaction, there | ||
will be a network gas fee. Lido does not collect a fee when you request a | ||
withdrawal. | ||
question: Is there a fee for withdrawal? | ||
questionId: Is_There_A_Fee_For_Withdrawal | ||
- answer: The amount you can claim may differ from your initial request due to a | ||
slashing occurrence and penalties. For these reasons, the total claimable | ||
reward amount could be reduced. | ||
questionId: Why_Is_The_Claimable_Amount_May_Differ_From_My_Requested_Amount | ||
question: Why is the claimable amount may differ from my requested amount? | ||
- answer: Turbo mode is a default mode used unless an emergency event affects the | ||
Ethereum network. In Turbo Mode, withdrawal requests are fulfilled | ||
quickly, using all available ETH from user deposits and rewards. | ||
questionId: What_Is_Turbo_Mode | ||
question: What is Turbo mode? | ||
- answer: >- | ||
Bunker mode is an emergency mode that activates under three worst-case | ||
conditions (when penalties are large enough to significantly impact the | ||
protocol’s rewards). | ||
Importantly, Bunker mode allows for orderly withdrawals to be still processed, albeit more slowly, during chaotic tail-risk scenarios (e.g. mass slashings or a significant portion of validators going offline). | ||
question: What is Bunker mode? | ||
questionId: What_Is_Bunker_Mode | ||
- answer: >- | ||
Bunker mode is triggered under three conditions when the penalties might | ||
be big enough to have a significant impact on the protocol’s rewards: | ||
1. Mass slashing. | ||
2. Penalties exceeding rewards in the current period between two Oracle reports. | ||
3. Lower than expected Lido validators' performance in the current period between two Oracle reports and penalties exceeding rewards at the end of it. | ||
question: What scenarios can cause Bunker mode? | ||
questionId: What_Scenarios_Can_Cause_Bunker_Mode | ||
- answer: >- | ||
Slashing is a penalty that affects validators for intentional or | ||
accidental misbehavior. | ||
Mass slashing event is when slashing penalties are big enough to have the impact on Protocol's rewards in the current frame or in the future, esp. midterm penalties. | ||
Slashing penalties are spread across stakers and may lower your total reward amount. For more information, check out [What Are Staking/Validator Penalties](https://help.lido.fi/en/articles/5232780-what-are-staking-validator-penalties). | ||
question: What is slashing? | ||
questionId: What_Is_Slashing | ||
- answer: Most often, the stETH/wstETH withdrawal period will be from 1-5 days. | ||
However, if any scenarios cause Bunker mode to happen, this could be | ||
extended. | ||
question: If Bunker mode happens when I’ve already submitted a withdrawal | ||
request, do I need to wait longer? | ||
questionId: If_Bunker_Mode_Happens_When_I_Have_Already_Submitted_A_Withdrawal_Request_Do_I_Need_To_Wait_Longer | ||
--- |