Multi-Token Withdrawals
Users receive USDC and one of the underlying farmed assets when withdrawing from Theseus.
Last updated
Users receive USDC and one of the underlying farmed assets when withdrawing from Theseus.
Last updated
Theseus operates in accordance with the multi-token withdrawal flow from GMX Market (GM) Pools, where users would receive both USDC and one of the assets that Theseus is currently farming.
Web3 wallets cannot simulate transaction outcomes for non-atomic (multi-step) transactions. Do not be alarmed when your wallet cannot predict the outcome of your withdrawal transaction.
Withdrawals from Theseus are processed in three steps as follows:
Mozaic burns the user's MOZ-THE-LP token;
Mozaic requests that GMX processes a withdrawal against current vault positions in GMX pools.
GMX processes the withdrawal, and the tokens are credited to the user's wallet.
It is important to note that the actual value of a user's withdrawal will depend on both the price of MOZ-THE-LP at the time of the withdrawal and the performance of the underlying assets in the Theseus Vault.
Currently, the GMX withdrawal flow does not support Zaps. Watch this space for new solutions that Mozaic is developing. 👀
