How to unstake steth on curve ?

pubDate: “2023-04-05” categories:

• “cryptocoins”
• “guides” tags:
• “curve” coverImage: “stETH-768x432-1051630786.png” description: “It looks like the actual steps were missing from your text! Additionally, to clarify DeFi terminology: on Curve Finance, you don’t technically “unstake” stETH; rather, you remove liquidity from the ETH/stETH pool. (True unstaking of stETH back into native ETH is done directly through Lido). Here is the complete, step-by-step guide to removing your stETH from the Curve liquidity pool: ### How to Remove Liquidity from the Curve stETH Pool: 1. Go to Curve Finance: Navigate to curve.fi and connect your Web3 wallet (e.g., MetaMask, Rabby, WalletConnect). 2. Locate the stETH Pool: Navigate to the “Pools” section and select the ETH/stETH pool. 3. Select the ‘Withdraw’ Tab: Click on the “Withdraw” (or “Remove”) tab at the top of the pool interface. 4. Choose Your Withdrawal Amount: Use the slider or input box to select the percentage of your LP (Liquidity Provider) tokens you want to remove (e.g., 25%, 50%, 75%, or 100%). 5. Select the Withdrawal Asset: * Balanced: Withdraws a proportional mix of both ETH and stETH. * Single Coin: Click specifically on the stETH icon/option if you want to withdraw your liquidity entirely in stETH. 6. Approve and Withdraw: Click “Withdraw”. If it is your first time removing liquidity from this pool, you may be prompted to click “Approve” first to allow the smart contract to access your LP tokens. 7. Confirm the Transaction: A prompt will appear in your Web3 wallet. Review the details and click “Confirm” or “Sign”. Once the transaction is confirmed, your stETH (and/or ETH, depending on your selection) will be removed from the Curve stETH liquidity pool and returned to your wallet. Note that you will incur standard Ethereum network gas fees for this transaction. *** A Quick Note on “Unstaking”: If your actual goal was to convert your stETH back into regular, unstaked ETH, you have two options: * Swap on Curve: Use the “Swap” tab on Curve to trade your stETH for ETH (this incurs a small trading fee and slippage). * Unstake via Lido: Go to the Lido dashboard (stake.lido.fi), connect your wallet, and use the “Withdraw” feature to request an unstake. This is a 1-to-1 conversion but requires waiting in the Lido withdrawal queue (which can take anywhere from a few hours to a few days).” updatedDate: “2023-04-05T12:13:59” author: Editor slug: how-to-unstake-steth-on-curve draft: false heroImage: “/placeholder.svg”

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It looks like you have shared a draft for a guide or blog post about interacting with Curve Finance.

If you are planning to publish or use this guide, I recommend making a few important technical and formatting corrections to ensure it is accurate for your readers.

Key Feedback & Corrections:

1. Terminology (“Unstaking” vs. “Removing Liquidity”): In DeFi, you do not “unstake” on Curve. Curve is a decentralized exchange (DEX), so you are removing liquidity from a pool. “Unstaking” actually happens on Lido (the protocol that issues stETH). Using the correct terminology will prevent user confusion.
2. Numbering: Your list currently skips even numbers (1, 3, 5, 7…). This should be corrected to standard sequential numbering (1, 2, 3…).
3. Curve UI Updates: Curve’s interface usually uses the term “Remove” rather than “Withdraw” for taking liquidity out of a pool. Also, users must select the “Remove” tab at the top of the pool interface.
4. URL Formatting: The link to Curve should use https and lowercase letters (https://curve.fi) to ensure it routes correctly and securely.

Here is a polished and technically accurate version of your guide:

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How to Remove stETH Liquidity on Curve

If you have provided liquidity to the stETH/ETH pool on Curve and want to withdraw your funds, you can follow these steps:

1. Go to the Curve Finance website (curve.fi) and navigate to the stETH/ETH liquidity pool page.
2. Connect your wallet by clicking on the “Connect Wallet” button in the top right corner of the screen and selecting your preferred provider (e.g., MetaMask, WalletConnect).
3. Once connected, locate the “Remove” tab at the top of the pool interaction box.
4. You will see your current LP (Liquidity Provider) token balance. Enter the amount of liquidity you want to remove, or use the percentage buttons (e.g., 25%, 50%, Max) to select your desired amount.
5. Choose whether you want to withdraw your funds as a mixed combination of stETH and ETH, or entirely as one specific asset (note that withdrawing as a single asset may incur a slight slippage fee).
6. Click on the “Remove” button.
7. Review the transaction details, then approve and confirm the transaction in your wallet popup.
8. Wait for the transaction to be processed and confirmed on the Ethereum network.

Once the transaction is confirmed, your LP tokens will be burned, and your underlying stETH and/or ETH will be returned directly to your wallet. Note: Because this transaction occurs on the Ethereum mainnet, you will need to pay a network gas fee.

Further Reading:

• How To: Providing stETH liquidity via Curve
• Curve DAO (CRV) Price Aims AT 80% Boom
• Complete Guide to MetaMask
• Farming on Polygon

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Would you like me to help you write a follow-up guide on how to actually unstake stETH back into ETH using Lido, or format this for a specific platform like WordPress or Medium?