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  • Introduction
    • Welcome to Alchemis
      • Important links
      • Vision
  • How Analys works
    • Introducing Analys
      • Protocols Analysis
      • Tokens analysis
    • Machine learning
      • Expected yield calculation
      • Risk calculation
      • Protocol deposit requirements
      • Aggregating the results
  • Getting Started
    • Understand the risks
    • Documentation in progress
  • Smart contract interactions
    • ALS token deposit
    • Multi-protocol interactions
    • Withdrawal process
  • Liquidity pool
    • Documentation in progress
  • ALS token
    • Tokenomics
    • Utility
    • Burn mechanism
  • Resources
    • Security
    • Legal
    • Roadmap
    • Glossary
    • Litepaper
    • FAQs
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  1. Smart contract interactions

Withdrawal process

When users want to withdraw their funds, they will simply access the compass interface and click on "withdraw" to start the withdrawal process, which is as following:

By withdrawing their funds, users effectively burn their vALS tokens to initiate the withdrawal processes on all the platforms where their funds are located. The inverse process as for deposits is then initiated, and the funds withdrawed from the secure vault to directly be deposited on the user's wallet.

Important not: Since most of the earnings are made in other tokens, they are independent of the price of ALS, which means that ALS price fluctuations will NOT impact users' yield. The ALS tokens are simply bought back at market price when the withdrawal is requested.

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