MilkyWay Docs
  • INTRODUCTION
    • Welcome to MilkyWay
    • Mission and Vision
    • MILK
      • Tokenomics
    • Whitepaper (PDF)
  • User Guides
    • For Liquid Stakers
      • Quick Start
      • Liquid Staking 101
      • Celestia (milkTIA)
        • Using third party apps
          • Camelot
          • Demex
          • Dymension
          • Levana
          • Margined
          • Mars
          • Osmosis
          • UX
      • Initia (milkINIT)
      • Babylon (milkBABY)
        • User Flow
        • One-Click Stake
    • For Restakers
      • Quick Start
      • Restaking 101
      • Creating a wallet
      • Restaking your assets
      • For Restakers
    • Bridging
      • Hyperlane
      • IBC Eureka
  • Infrastructure Operators
    • For MilkyWay Validators
      • Quick Start
      • For Validators
        • Consesus node
        • Validator node
  • Architecture
    • Modular Liquid Staking
      • Overview
      • For Celestia (milkTIA)
        • Technical Architecture
          • Liquid Staking Process
          • Withdrawal Process
          • Exchange Rate
          • Compound Staking Rewards
          • Claim Process
          • Limits and Restrictions
        • Integrating with milkTIA
          • Contract Specifications
          • APIs specification
      • For Initia (milkINIT)
        • Technical Architecture
          • Liquid Staking Process
          • Withdrawal Process
          • Exchange Rate
          • Compound Staking Rewards
          • Claim Process
          • Limits and Restrictions
        • Integrating with milkINIT
          • Liquid staking module specifications
          • Chains specifications
      • For Bablyon (milkBABY)
        • Technical Architecture
          • Liquid Staking Process
          • Withdrawal Process
          • Exchange Rate
          • Compound Staking Rewards
          • Claim Process
          • Limits and Restrictions
        • Integrating with milkBABY
          • Liquid staking module specifications
          • Chains specifications
    • Modular Restaking
      • Overview
        • Technical Architecture
        • Design Philosophy
        • Programmable Rules
        • Economic Model
        • Use Cases
      • Modules
        • x/assets
        • x/ibc-hooks
        • x/liquidvesting
        • x/operators
        • x/pools
        • x/restaking
        • x/rewards
        • x/services
        • x/tokenfactory
      • For Service Operators
        • Quick Start
        • For Operators
          • Operator Management
          • Opt-in and Opt-out Services
      • For Service Developers
        • Quick Start
        • For Services Admins
          • Service Management
          • Inviting Operators to Join Your Service
          • Creating Rewards Distribution Plan
  • SECURITY
    • Audits
    • Bug Bounty Program
  • APPENDIX
    • Official Links
    • Frequently Asked Questions
    • Glossary
    • Branding Resources
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  1. Architecture
  2. Modular Liquid Staking
  3. For Bablyon (milkBABY)
  4. Technical Architecture

Withdrawal Process

Users can choose to withdraw their BABY on MilkyWay which involves the unbonding time mandated by Babylon, or swap their milkBABY for BABY on listed DEXs for instant withdraw.

Here are the steps to withdraw on MilkyWay — which starts with a user initiating a one-click request to withdraw their BABY.

And under the hood:

  1. Request Initiation and Burn: The withdrawal request goes to our MilkyWay Staking Contract which groups the request into a batch. The contract also stores the user’s withdrawal information for the claim process, which is detailed further in the Claim section below.

  2. Undelegate: At the end of every batch period, which is set as 3 days at launch, the Coordinator delivers the requests to Babylon to undelegate uniformly across all MilkyWay’s validators .The user’s milkBABY is burnt once the batch is submitted at the end of the batch period.

  3. Wait: Wait for the unbonding period.

  4. IBC Transfer: The Coordinator then sends the BABY to user Babylon account.

Now the BABY is ready for claiming.

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Last updated 1 month ago