Siphon Lab (Liquidify)
  • Overview
  • Key components
    • Liquid Staking
    • Protocol Fees
    • Instant Unstake
    • Delayed Unstake
  • Learn more
    • Tradeify
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  1. Key components

Instant Unstake

Liquidify will offer an instant unstake option for users in exchange for a fee (0.3% - 3%). This will involve a ringfenced amount of SUI held separately for this purpose.

It is also worth noting that this pool can be depleted and in this case the feature is no longer available. If this occurs the feature will remain inaccessible until the protocol rebalances its pools.

Liquidify offers an instant unstaking feature as we believe liquidity between LiSUI and SUI is critical to facilitate a healthy DeFi ecosystem. This should result in LiSUI being more fungible with SUI and safer integrations across the ecosystem.

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Last updated 2 years ago