Unstake

Unstaking is the way in which a First Loss Capital Provider is able to exit their position in the pool, and is exclusive to the First Loss Capital Provider. Upon unstaking, an equivalent amount of the locked Pool Tokens are burned.

Unstaking is subject to limitations. When the Pool is not closed, a stake-to-pool ratio greater than or equal to the Target Stake Percentage must be maintained by the First Loss Capital Provider. When a Pool is closed, the First Loss Capital Provider is able to unstake the full amount of capital available in the staked position.

Unstaking is also subject to exit fees. See Exit Fees for more details.