Redeeming a Basket

Before you redeem a basket, check the premium to see if you can receive more tokens swapping.

  • 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.

  • If you decide to redeem, click the redeem button

  • Enter the amount of basket tokens you would like to redeem (or click the max button for the maximum amount).

  • Once you are happy with the amount, click the redeem button and approve the transaction in your wallet.

  • The basket tokens will be burned and the underlying tokens are withdrawn from the vault, sold and returned as your chosen redemption token.