---
description: Withdraw USDC.
---

# Settlement

Once the expiry time has been exceeded, and the waiting-period discussed in the [Incentives and Considerations](../../incentives-and-considerations) section has elapsed, any user can attempt to withdraw.

When the first user attempts to withdraw, the outcome is evaluated and the result stored, and the market is considered closed. This process burns their outcome tokens and releases a pro-rata quantity of the total deposits. So for a correct outcome _i_, this can be expressed as:

$$
W = (Bi/Si) * T
$$

Where:

• _W_ is the amount withdrawn.

• _Bi_ is the user balance of outcome _i_ token.

• _Si_ is the total supply of outcome _i_ token.&#x20;

• _T_ is the total value of all deposits.
