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Stake, redeem, claim
The three things you can do, on the Stake & redeem tab. You need a connected wallet.
Stake
Deposit ATOM, receive vATOM.
- Enter an amount, or press max.
- Check the estimate — "You receive about N vATOM at the current rate."
- Press Stake and approve in your wallet.
The vATOM arrives in the same transaction. Your ATOM is delegated across the validator set immediately.
Notes
- The estimate says about because the rate can move between your reading it and the transaction landing. Usually that is a rounding-level difference — but not always: if a validator has been slashed and nobody has run
Reconcileyet, the page is showing a stale rate that is too high, meaning each vATOM looks worth more ATOM than it is. Your transaction is priced correctly regardless (the contract reconciles against live delegations before minting), so you will receive more vATOM than the preview showed, not less — the preview understates it. You are not disadvantaged; the number just moves in your favour. - max leaves a small ATOM buffer for gas rather than selecting your entire balance — staking everything would leave nothing to pay fees with on the next transaction, including the one that redeems.
- The form shows the deposit-cap headroom when a cap is set. Staking more than that is refused.
- Staking is refused while the protocol is paused.
Redeem
Return vATOM, start the unbonding process.
Before you redeem
Redeeming takes about 21 days and cannot be cancelled once submitted — your vATOM is burned now and the ATOM arrives at the end. How the 21 days work.
- Enter an amount of vATOM.
- Optionally, Pay out to a different address — the payout then goes there rather than to you, and that address can do the claiming itself. Left alone, both are you.
- Press Redeem and approve.
Nominating a payout address detaches the proceeds from the account that redeemed them, so the redemption survives losing access to that account. It applies only to what you have already redeemed — vATOM you still hold stays where it is.
Check it carefully. Any valid address is accepted, the contract cannot know which one you meant, and the mistake surfaces 21 days later when the ATOM lands somewhere else.
The app tells you that you will receive up to some amount of ATOM. The word up to is doing real work: your exact payout is unknown until the batch is finalized, because a slash during the unbonding window would reduce it. See the lifecycle.
Your withdrawals
Every redemption is listed with its live state.
| What you see | What it means | Can you claim? |
|---|---|---|
| Claimable at: not yet known | Your batch has not been processed yet — the clock has not started | No |
| Claimable at: a date | Unbonding. That is when all the ATOM is back | No |
| Payout: not yet known | The batch has not been finalized, so the exact amount is genuinely unknown | No |
| Payout: an exact amount | Finalized. This is what you will receive | Yes |
| Claimed | Already paid | Done |
The Claim button is enabled only when a claim would actually succeed. A disabled button is the app telling you the transaction would fail, rather than letting you burn gas discovering it.
Claim
Press Claim on a finalized withdrawal and approve. The ATOM lands in your wallet in that transaction.
Either the original redeemer or the nominated receiver can claim. A withdrawal can only be claimed once.
Why the payout can be less than requested
The amount recorded when you redeemed is the obligation, not a guarantee. If a validator is slashed while your ATOM is unbonding, less comes back than was owed, and the shortfall is shared across everyone in that batch proportionally.
The app shows this as a haircut below 100% on the batch, and your payout reflects it. In the normal case there is no slash, the haircut is 100%, and you receive exactly what was recorded.