Withdrawing from Junior Tranche (Selling Junior Tokens)
Last updated
Last updated
There are 2 modes of withdrawal: Instant (no wait time but has forfeit amount) and 2-step (has wait time but no forfeit amount)
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
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