ShiftCTRL
  • Introduction
  • Introduction
    • Why ShiftCTRL
    • What is Austrian Economics
    • What is ShiftCTRL
    • Introducing Tabs
  • How it works
    • The core mechanism
    • Reserves
    • Managing vaults
    • Liquidation
    • CTRL+ALT+DEL
  • Guides
    • How to mint Tabs
    • How to withdraw reserves
  • Developer
    • Overview
    • Tab Protocol Smart Contract
      • Governance
      • Oracle
      • Token
      • Reserves
      • Vault
      • Keeper
      • Auction
    • Tab Oracle & Tab Keeper
  • Testnet
    • ShiftCTRL Public Testnet Launch
    • Testnet Participation Guide
    • Feedback
  • Governance
    • Decentralised governance
    • Vote delegation
    • Governance process
  • Download whitepaper
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  • Step 1 – Access Your Vault
  • Step 2 – Withdraw Reserves
  • Step 3 – Complete
  1. Guides

How to withdraw reserves

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Last updated 11 months ago

Step 1 – Access Your Vault

  1. Go to QWERTY App and connect your Metamask wallet.

  2. Click "Your Vault" on the navigation bar at the top of the website.

  1. Select the vault you want to withdraw reserves from.

Step 2 – Withdraw Reserves

  1. Inside your vault, click "Withdraw Reserves."

  1. Enter the amount of reserves you wish to withdraw.

  2. The simulator will show the updated reserve ratio based on your withdrawal. Make sure to keep a buffer above the Minimum Reserve Ratio (MRR) to avoid risk penalties.

  3. The simulator will also display the updated liquidation price of your vault based on the withdrawal amount. Consider this carefully.

  4. Once satisfied with your configuration, click "Withdraw Reserves."

Step 3 – Complete

  1. Congratulations! You have successfully withdrawn reserves from your vault.