Buying Senior Bonds
Last updated
Last updated
To buy Senior Bonds, follow the steps below:
Go to CDO.Finance's Tranche Pools page (https://cdo.finance/tranche-pools)
Connect to your Web3 wallet (such as MetaMask) and make sure your network is set to Binance Smart Chain. Click here if you do not have the network in your wallet yet
Select the desired Tranche Pool; we currently support four base assets with the Venus Platform - BNB, BUSD, BTCB, and ETH
Click "Deposit" (see image below)
Select "Senior Tranche" followed by "Next" (see image below); do read the warning message before proceeding
Specify the deposit amount and the maturity date (Minimum 1 day, maximum 90 days (to be updated to 365 days)) of the bond you wish to purchase, and your desired Slippage Tolerance/Transaction Deadline (if you require)
Click "Confirm" (see image below)
After clicking "Confirm", you should get a pop-up notification in your MetaMask to accept the transaction
Wait for the transaction to be processed
Once the transaction has gone through, your senior bond will appear under "Your Positions" tab
You will only be able to redeem your bond after it reaches its maturity