How to Withdraw
If you're ready to exit your position or redeem your rewards, Bera vaults support secure and scheduled withdrawals. This guide walks you through how to withdraw and what to expect during the 72-hour withdrawal queue.
Understanding the 72-Hour Withdrawal Queue
When you withdraw from a Bera vault, your request enters a withdrawal queue.
Withdrawals are not instant. Funds are made available after a 72-hour period, once the request is processed. It applies to all Bera vault withdrawals.
Why Multi-Sig Addresses?
Separate multi-sigs provide targeted security for each process (withdrawal vs. migration). Also, users can verify both addresses to ensure their assets are being routed correctly.
During the withdrawal and migration processes, Concrete uses two separate multi-sig addresses to enhance security and transparency:
- Withdrawal Multi-Sig (Withdraw Tab):
When a user initiates a withdrawal, their ct Vault Shares are sent to the Withdrawal Multi-Sig 0xBEaf14E78e81277A5939C294AF72b31d372CAB15
. This multi-sig address acts as a secure holding area for shares during the 72-hour withdrawal queue period before assets are fully processed and released to the user’s wallet.
- Migration Multi-Sig (Banner Migration Step):
In some scenarios, such as vault migrations or strategic updates, users may need to migrate vault shares to new contracts or vaults. During these migrations, assets are temporarily routed to the Migration Multi-Sig0x04a6916ebF3ECE8AB05B9CA06cECc7B20e1c182B
. This address securely holds the migrated assets until they are redistributed or reassigned to the appropriate vaults or contracts.
How to Withdraw
- Select your Bera vault position from the Portfolio
- If you hold more than one asset in a given vault, select the relevant ct Vault Share
- Click Bridge to bridge all vault shares to Berachain
- Upon bridging, you can then withdraw. Review the assets to withdraw
- Withdraw the assets on Berachain
Once submitted, your request will show as Queued and automatically move to Processing and then Available when the 72-hour period is complete.
Withdrawal Statuses
- Queued: Your request is in the cooldown window
- Processing: Backend systems are preparing the withdrawal
- Available: Your funds are ready to claim to your wallet
You’ll receive prompts in the interface when your withdrawal is ready.