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Unwrap NEAR

This user guide describes how to convert wrapped NEAR (WNEAR) to NEAR.

If you have WNEAR, you can unwrap it and get NEAR. After unwrapping (also known as burning) it, you get the original NEAR back to your wallet. The burned WNEAR is returned as NEAR and deposited into the former WNEAR holder's crypto wallet.

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1 WNEAR is equivalent to 1 NEAR. However, keep in mind that upon unwrapping, the fees are deducted.

Prerequisites​

Connect your wallet to VEAX.

Unwrap WNEAR​

  1. Go to SWAP.
  2. In the //SWAP window that opens, for the //SEND field, select WNEAR.
  3. For //RECEIVE, select NEAR. The operation type automatically changes from SWAP TOKENS to UNWRAP NEAR.

unwrap-near-select-tokens

  1. For //SEND, enter the quantity of WNEAR you want to unwrap and click SUBMIT. You are redirected to your wallet.

unwrap-near-submit-request

  1. To approve your transaction, follow the steps you are prompted to. Once approved, the transaction is sent to your wallet you are redirected back to Veax's SWAP page. The //TRANSACTION STATUS window with the confirmation message is displayed.
Transaction details

To view detailed information about your transaction, in the //TRANSACTION STATUS window, click VIEW ON EXPLORER.

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