🏧Collateral Withdrawals

LODE’s Withdrawal Process

LODE's withdrawal process incorporates a 12-hour Fraud-Proof Window to ensure secure and reliable transactions, protecting users from potential re-org attacks. Here’s an overview of the steps involved:

Withdrawal Procedure

• Initiation: Users initiate a withdrawal by submitting a request, which is immediately acknowledged, activating the Fraud-Proof Window.

• Fraud-Proof Window: During this 12-hour window, the system ensures transaction integrity by preventing re-org attacks.

• Approval and Transfer: After verification, the system confirms the withdrawal, and funds are securely transferred to the user’s chosen wallet. Users can cancel their request at any time during the Fraud-Proof Window, with the funds reverting to their trading account.

• Handling Multiple Requests: If a user submits another withdrawal request while one is already active, the 12-hour window restarts to ensure each request undergoes the required fraud-proofing.

This process balances ease of use with robust security measures, safeguarding user assets while maintaining a straightforward withdrawal experience.

Users can transfer collateral between trading sub-accounts at any time without having to undergoe the 12-hour withdrawal window.