Deposit and Withdraw Liquid Tokens

The following sections describe the steps to Restake "liquid" tokens (including LSTs EIGEN token, and any ERC20 token).

Deposit (Restake) Liquid Tokens

1. For the token being deposited, invoke ERC20(token).approve(StrategyManager, amount) to authorize EigenLayer contracts before depositing.
2. Invoke StrategyManager.depositIntoStrategy() .
   • Parameters:
     • strategy - use the address of the deployed strategy (example list here).
     • token - use the address of the token associated with that strategy.
3. User is now actively Restaked.

Withdraw (Unstake) Liquid Tokens

1. Invoke DelegationManager.getWithdrawableShares() to determine the Staker’s withdrawable shares, which represent deposited shares minus slashed shares. withdrawable shares, which represent deposited shares minus slashed shares.
2. Prepare the 'depositShares' parameter for the queueWithdrawals() function.
   • Pass the number of withdrawable shares as input to the convertToDepositShares() function.
   • The resulting value represents the amount to be used in the 'depositShares' parameter in the queueWithdrawals() function.
3. Queue Withdrawal: invoke DelegationManager.queueWithdrawals() to trigger the escrow period.
   • Please see the QueuedWithdrawalParams struct documentation for more details on how to construct the input parameters.
   • Please see further detail here on the escrow period.
4. Complete Withdrawal as Tokens: invoke DelegationManager.completeQueuedWithdrawal() to complete the withdrawal and return assets to the withdrawer's wallet.

note

The input amount for DelegationManager.queueWithdrawal() can be any amount you like. However, it must be less than or equal to withdrawableRestakedExecutionLayerGwei when the withdrawal is completed.

The value of withdrawableRestakedExecutionLayerGwei is any withdrawable (that is, has not been slashed in EigenLayer) ETH in the EigenPod contract address after a checkpoint, independent of its source. Sources of withdrawable ETH include consensus rewards, exited validators, direct transfers of ETH, and ETH from self-destructed contracts.