Unwrapping

  1. Navigate to Wrap Page: Return to the wrapping interface.

  2. Toggle to Unwrap: Switch to the unwrap mode.

  3. Specify Amount and Confirm: Input the amount of wBITS to unwrap and approve the transaction.

  4. Receive BITS: Retrieve the equivalent BITS tokens, inclusive of any value appreciation from rebases.

Unwrapping is a prerequisite for unstaking and allows users to realize gains before withdrawing to native BTC.

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