Normal Redemption
Last updated
Last updated
Step 1: Launch Treehouse Protocol and navigate to the Withdraw module, and redeem tab
Click on Launch App on the official URL at app.treehouse.finance.
You’ll be redirected to the Treehouse Protocol site.
Locate and select the "Withdraw" module, followed by the “Redeem” tab of the platform.
Note: The minimum tETH to be eligible for direct redemption is 200wstETH.
Step 2: Enter the Intended Redemption Amount
You'll be presented with your current tETH holdings. Enter the amount of tETH you wish to convert back into wstETH. You'll be able to see the estimated amount of wstETH that you will receive before adjustments, the wait time and the estimated adjustments (tETH yield forgone, borrowing cost)
Step 3: Redemption Confirmation
Once the transaction has been processed, the specified amount of wstETH will be available to claim in approximately 7 days.
Step 4: Navigate to the Claim module
Navigate to the “Claim” module where you will be able to view the approximate time left before you can claim your wstETH.
Once the waiting process has been completed, you will be able to Claim the available wstETH under the same “Claim” module.
Click on the amount that you want to claim and click on 'Claim wstETH'
Step 6: Confirm Claim Request
Confirm and sign the action
Step 7: Claim Confirmation
Once the transaction has been processed, the specified amount of wstETH will be credited back to your wallet.
Step 5: Claim redeemed wstETH