Thetanuts Finance

When can I withdraw?

This page outlines Thetanuts Basic withdrawal process


There are two phases to completing a withdrawal- Initiate Withdraw and Claiming Withdrawals
UI showing the 2 different phases of withdrawal

Initiate Withdraw

A user can initiate withdrawals from the Thetanuts Basic vault(s) at any point in time except during the auction period when the option vault(s) are locked. After a user has initiated a withdrawal, it will show up as “withdrawal pending”. Users can cancel their withdrawal at any point in time before the epoch has ended.
Once the user initiates a withdrawal, their underlying assets will join a withdrawal pool. The underlying assets in the withdrawal pool will not participate in the next epoch cycle. Users will still receive the option premiums (yield) from the previous epochs that they have participated in.

Claim Withdrawals

Once the epoch has ended, users can claim their withdrawals from the withdrawal pool at any time by clicking on the claim button.