Conditions

Unstaking Period

Liquid staking includes a 7 day unstaking period during which redeemed tokens are not immediately available. This period is determined by the underlying WEMIX3.0 staking mechanism. During the unstaking period, the position stops earning rewards.

The unstaking period cannot be cancelled once initiated. Unstaking transactions should be planned in advance if funds are needed by a specific date.

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Smart Contract Risk

Liquid staking positions interact with smart contracts that carry inherent risks including bugs, exploits, or vulnerabilities. While WEMIX.Fi contracts undergo security audits (see Security & Audits), no system is entirely risk-free. Staked assets are held in smart contracts throughout the staking period.

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Liquid Staking Token Depeg Risk

Liquid Staking Tokens represent claims on staked assets and rewards. Under normal conditions, liquid staking tokens maintain their intended exchange rate with the underlying native token (redemption value). However, market conditions, liquidity constraints, or technical issues could cause temporary or permanent deviation (depeg) from the expected value.

If stWEMIX is traded on secondary markets (Swap, Pool), their exchange rate may differ from the redemption value. This price discrepancy can create arbitrage opportunities or result in unfavorable exchange rates when selling liquid staking tokens before unstaking.

Example Depeg Scenario

• Redemption value: 1 stWEMIX = 1.05 WEMIX

• Exchange rate on DEX: 1 stWEMIX = 1.02 WEMIX (3% discount)

• Selling on DEX results in 3% loss compared to unstaking and waiting 7 days

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Related Documentation:

• Use stWEMIX in trading: Swap

• Provide stWEMIX liquidity: Pool

• Security information: Security & Audits