Unwrapping (Burning)

Unwrapping an asset

Unwrapping an asset is done by submitting a request to the custodian.
It should be noted that in order to unwrap an asset, the user must hold them in a whitelisted account.
When funds are unwrapped, the custodian will send the equivalent amount of the underlying asset (minus applicable fees) to the user's account.
Last modified 6mo ago
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