Redeeming a Basket
Before you redeem a basket, check the premium to see if you can receive more tokens swapping.
- Select the basket you wish to redeem.
.png?alt=media)
- Check the "premium" to see if it is better for you to use an exchange or to redeem. A positive premium means swapping may return more tokens, but be aware of the liquidity available, and the impact your swap will make on your rate.
.png?alt=media)
- If you decide to redeem, click the redeem button
.png?alt=media)
- Enter the amount of basket tokens you would like to redeem (or click the max button for the maximum amount).
.png?alt=media)
- Once you are happy with the amount, click the redeem button and approve the transaction in your wallet.
.png?alt=media)
- The basket tokens will be burned and the underlying tokens are withdrawn from the vault, sold and returned as your chosen redemption token.
\
Last modified 6mo ago