🔄Withdrawal from NEO DAO

An investor can burn his/her LP tokens and get all NEO DAO assets proportional to the share.

Go to the NEO DAO homepage.

Click the "Burn NLP" button. It's at the very bottom of the NEO DAO page.

Click to "Approve".

You will be asked to confirm the permission to burn NLP.

Wait for a while until the transaction is confirmed.

After that you will see details about NLP burning. If the information does not appear, and the transaction has passed, reload the page.

In NLP Amount input you should type the amount of your NLPs you want to burn (fully or partially). See how to check your NLP balance here.

Below the input line a small tip about the percentage of the entered amount of NLP tokens from the total amount of NEO DAO funds is given.

Next you can see a list of all NLP tokens from the NEO DAO treasury, except those staked on other smart contracts such as Yield Farming Pools

The only limitation here is that if NEO DAO is staking some assets in other DeFi protocols, it won’t be withdrawn in case of exit. This also applies to NFTs. They can’t be partially sent to the wallet in case of NLP burning.

After specifying the amount of NLP and marking all (or only the ones you need) tokens, click on the "Burn NLP" button.

NLP Burn price depends on how many tokens you select. The more tokens you tick, the more expensive the transaction will be. For example, on BSC it is about $0,05 – $0,1 per token.

As a result of the burning, the shares in NEO DAO will be redistributed among the rest of the participants, and the one who burned his share will receive all selected tokens.

Below is an explanatory video