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On this page
  • Ethereum
  • Redeem funds
  • Redeem only farmed rewards
  • Redeem interest-bearing tokens

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  1. Products
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Redeem funds on BY

Products > Best Yield > Guides > Redeem

Last updated 5 months ago

Was this helpful?

Ethereum

Redeem funds

  1. Visit the and connect your wallet.

  2. Go to the BY strategy page under the Earn section. There will be a Deposited assets section showing the balances deposited.

  3. Click on the token of interest.

  4. In the right panel, click Withdraw and then insert the amount of token to redeem.

  5. After the Tx executes, users will see their tokenized asset balance and any redeemed governance tokens less the current performance fee.

Redeem only farmed rewards

  1. Once on the strategy page, scroll down and you will see a summary of the claimable rewards

  2. Click on Claim Rewards and sign the Tx

Redeem interest-bearing tokens

This feature is active only on Senior BY and only if the contract is paused to let users always have the possibility to redeem their funds (as interest-bearing tokens).

If the Senior BY contract is paused, users can decide to withdraw their funds in the form of interest-bearing tokens (e.g. aDAI/cDAI/eDAI). To do so:

  1. In the right panel, click on Withdraw.

  2. Tick the Withdraw interest-bearing tokens option

  3. Click on Withdraw interest-bearing

Follow the steps outlined in the up to point 3.

Follow the steps outlined in the up to point 3.

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