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Redeem

NOTE: These docs are under active development ๐Ÿ‘ทโ€โ™€๏ธ๐Ÿ‘ท

Redeeming Float synthetic tokens ๐Ÿ‘ฝ#

If you would like to exit your position in the market, and redeem your synthetic asset tokens for dai. You can either visit the markets page, or your profile page by clicking on your address in the top navigation. From the individual market page you can select the redeem tab and redeem your tokens for DAI.

Redeeming your Float synthetic tokens involves burning these tokens for the proportional underlying collateral.

Selling your Float synthetic tokens on a DEX#

You can also sell synthetic Float tokens on a DEX (coming soon).