RSS3 Network has just reached another milestone - the Production Mainnet is live. We’ve introduced the exciting new features earlier, and today, we want to expand a bit more in details on how to withdraw if you are a node operator and how to redeem if you have staked $RSS3.

Let’s get started.

Withdrawal

Find Your Node

Go to your Portfolio page and select the node you’re operating.

Click on WITHDRAW

A simple click.

Enter Withdrawal Amount

Enter the amount of $RSS3 you’d like to withdraw. Be aware that there’s a minimum requirement of 10,000 RSS3 for any node’s operation pool. If the balance of the operation pool falls below 10,000 RSS3 after the withdrawal, the node will enter the Exiting state and stop receiving rewards. After one epoch, it will turn into Exited state.

Confirm the Withdrawal

Confirm the transaction with your wallet - don’t forget to switch to RSS3 VSL Mainnet.

Congrats!

Now, you’ve successfully requested the withdrawal. There is a grace period of 30 epochs (~22.5 days) and you can come back to claim the withdrawn tokens after the grace period.

Redemption

Choose A Node You Staked with

If you remember the node, you can select it directly from the list of all nodes; otherwise, you can go to Portfolio and select the node from Transaction History or your Chips inventory.

Click on REDEEM

Now, a simple click.

Decide Withdrawal Amount

If you have staked $RSS3 to a node during the Alpha and Beta phases, you should have received Chips - the number representing your staking amount. Now it’s the time to decide how many chips to redeem.

Confirm the Redemption

Confirm the transaction with your wallet - don’t forget to switch to RSS3 VSL Mainnet.

Done!

Wait for the transaction to complete - you can check your balance in Portfolio to review the withdrawal.

Bridge Back to Ethereum

In case you need to bridge $RSS3 back to Ethereum, go to Bridge, and click Withdraw. Enter the amount you want to bridge back and follow the prompts on the screen.