search

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)

hashtag
Instant Withdraw

  • Go to CDO.Finance's Tranche Pools page (https://cdo.finance/tranche-poolsarrow-up-right)

  • Connect to your Web3 wallet (such as MetaMask) and make sure your network is set to Binance Smart Chain. Click herearrow-up-right 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

hashtag
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 herearrow-up-right 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?