🌊 How to deposit to and withdraw from the Unstake Pool
Learn how to deposit SOL into the Unstake Pool and earn its fees.
Learn how to deposit SOL into the Unstake Pool and earn its fees.
When you deposit SOL into the Unstake Pool you receive VLP, a receipt token that works like an LST. VLP grows in value as the pool earns fees from instant unstakes, shared among everyone in the pool, so the longer you stay the more SOL you receive when you withdraw. You can withdraw at any time. See the Unstake Pool page for earnings and fees.
Deposit and withdraw SOL
Open the dApp
Tap Open dapp in the top-right corner (Figure 11.2).
Figure 11.2: Open dapp button in the top-right corner
Accept the terms
The first time you visit, tick both boxes to accept the Terms of Service and Privacy Policy, then tap I Agree (Figure 11.3).
Figure 11.3: Terms and Privacy dialog with I Agree button
Open Unstake Pool
Open Unstake Pool in the top navigation (Figure 11.4).
Figure 11.4: Unstake Pool in the top navigation
Review the pool
Review the pool at the top of the page. It shows total value locked, how much is liquid or staked, the 30-day APY and the current VLP price (Figure 11.5).
Figure 11.5: Unstake Pool statistics
Deposit your SOL
Tap Connect Wallet and choose your wallet. Enter how much SOL to deposit and approve in your wallet. You receive VLP in return (Figure 11.7).
Figure 11.7: Wallet selection dialog
Withdraw your SOL
To take your SOL out, choose Withdraw. It shows your VLP balance, and you can redeem it for SOL at any time (Figure 11.8).
Figure 11.8: Withdraw tab
Earn vPoints on your VLP
If you want vPoints on top, you can stake your VLP on the Earn Points page. To claim them, see How to collect vPoints.
Open the Earn Points page
On the Unstake Pool page, tap stake VLP below the form to stake your VLP on the Earn Points page (Figure 11.9).
Figure 11.9: stake VLP link below the form
Deposit your VLP
On the Earn Points page, open the Vault Unstake LP pool to deposit your VLP. It shows the points it pays per day (Figure 11.10).
Figure 11.10: Vault Unstake LP staking pool
Need help? Open a support ticket in The Vault Discord.