# Partial and Flexible Withdrawals

The ELPP system offers flexibility in how you execute your withdrawals once they reach their unlock epoch:

#### Multiple Withdrawals per Epoch

* You can split your withdrawal into multiple smaller transactions within your unlock epoch
* Each withdrawal reduces your remaining available amount for that epoch
* This gives you the flexibility to withdraw portions of your funds as needed

**Example:**

* You request to withdraw **1,000 ELPP tokens**.
* During your unlock epoch, you may:
  * Withdraw all **1,000 tokens** at once, or
  * Withdraw **400 tokens** initially, leaving **600 tokens**,
  * Later withdraw another **300 tokens**, leaving **300 tokens**,
  * Finally, withdraw the remaining **300 tokens**, or leave them in the pool.

***

#### Withdrawal Request Cancellation

* You can cancel an entire withdrawal request if you no longer wish to withdraw
* Alternatively, you can reduce the amount in your request if you wish to withdraw less than initially planned

**Benefits of Cancellation**

* Immediately unlocks the canceled tokens for transfers
* Allows you to adjust your liquidity strategy based on changing market conditions
* Provides flexibility if you no longer need to withdraw as much as originally requested

***

### Important Considerations

#### Fixed Withdrawal Windows

* Withdrawals must be executed within the designated epoch.
* Missing this window causes the request to expire.

#### Dynamic Timelock

* Future withdrawal requests will reflect changes in the PNL ratio, but once a request is created, its assigned timelock remains fixed

#### Role of the Global Epoch

* A global epoch (7 days) sets a stable baseline (collateralization level) for the pool.
* Profit distribution occurs only if the pool's value meets or exceeds this baseline.
* If the baseline isn't reached, profits are not distributed, and losses roll over.

#### Example Scenario

Current Situation:

* Today is July 10, 2023, and the current normal epoch is 63
* The system's PNL ratio is 5% (moderate profit), resulting in a timelock of 2 epochs

Withdrawal Request:

* You request to withdraw 1,000 ELPP tokens
* Unlock Epoch = 63 + 2 = 65
* Your funds will become available during epoch 65 (e.g., July 16–18, 2023)

Processing Window:

* You must process the withdrawal during epoch 65
* If you miss this window, the request expires and a new request must be submitted


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