Immediate Withdrawal
Flexible withdrawals of staked assets + rewards
By design of the Sui Network, the validator rewards have a one-epoch unbonding period. The unbonding period is an important mechanism for maintaining the security and stability of a blockchain network, but it can also have implications for liquidity and user engagement.
Smoove absorbs this waiting period by paying out rewards immediately upon unstaking. When a user unstakes their $smooSUI, the vault will calculate their accrued rewards using the price oracle. The corresponding amount of $mooSUI would then be distributed by the vault and the unstaked $smooSUI would be burnt.
This is made possible by holding a reserve of SUI from the revenue generated by the platform. These revenue streams include the validator rewards and the collateral submitted by node operators.
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