Withdrawing from the Lombard DeFi Vault

A comprehensive guide to withdrawing from the Lombard DeFi Vault.

Step-by-Step Guide

Step 1: Access the Lombard DeFi Vault page

After accessing the Lombard dashboard, click the “Vault” tab located in the top menu.

Step 2: Initiate a Withdrawal

Click the “Withdraw” button.

Step 3: Select Amount and Confirm

Enter the amount of LBTCv—the liquid pool (LP) token issued after depositing in the Lombard DeFi Vault—you wish to withdraw and review the withdrawal time displayed.

Finally, click “Approve Withdrawal” to proceed.

Note: all users will receive LBTC after they withdraw their LBTCv, regardless of the asset earlier deposited.

Step 4: Confirm Withdrawal in Wallet

A prompt will appear in your wallet to confirm the transaction. Review and confirm the withdrawal request.

Step 5: Withdrawal in Progress

After confirmation, you will see a “Withdraw in progress” message. You can go back to the dashboard to monitor the progress, where your withdrawal transaction will be updated.