Withdrawing from Junior Tranche (Selling Junior Tokens)

There are 2 modes of withdrawal: Instant (no wait time but has forfeit amount) and 2-step (has wait time but no forfeit amount)

Instant Withdraw

  • 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

  • Go to Junior Tranche under "Your Positions" and select the desired Junior Tranche Pool to withdraw from

  • Click "Withdraw" (see image below)

  • Select "Instant Withdraw" followed by "Next"; do take note of the forfeit amount and the warning message before proceeding (see image below)

  • Specify the amount you wish to withdraw

  • 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, you should receive BNB, BUSD, BTCB, or ETH if you withdrew CDO_vBNB, CDO_vBUSD, CDO_vBTCB, or CDO_vETH respectively

2-Step Withdraw

  • 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

  • Go to Junior Tranche under "Your Positions" and select the desired Junior Tranche Pool to withdraw from

  • Click "Withdraw" (see image below)

  • Select "2 step Withdraw" followed by "Next"; do take note of the wait time and the warning message before proceeding (see image below)

  • Specify the amount you wish to withdraw

  • 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 position will be reflected under your "Locked Positions" (see image below); you will be able to redeem your BNB, BUSD, BTCB, or ETH if you withdrew CDO_vBNB, CDO_vBUSD, CDO_vBTCB, or CDO_vETH respectively after the wait time is over

PreviousDepositing into Junior Tranche (Buying Junior Tokens)NextBuying Senior Bonds

Last updated

Was this helpful?