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Redeem

In order to redeem position tokens (Bull/Bear), the contract needs to be executed with the command "Redeem" and the generated message body according to the rule.
Note:: A position can be redeemed only after an oracle attest the issued event

Step by Step Guide

1) Go to the 'Redeem' page
2) Enter your Asset ID (Bull/Bear)
3) Enter the exact amount you wish to redeem
4) Click the "Generate" button
5) Review your redeem summary and click the 'Copy' button
6) Open your Zen Wallet and go to the 'Send' page under 'My Wallet' tab and click the 'Paste' button. Pasting the data is also possible using the QR code. Scan the QR code to copy the generated data.
7) Click the Execute button to continue
8) Review your "Execution Summary" and click 'Continue'
9) Enter your password to sign the transaction and click 'Continue'
10) Confirm your contract execution transaction and click ‘Publish
After publishing your transaction a success message will appear.
View your transaction on the ‘Transaction History’ page. You might first see the transaction on pending status till it will get its first confirmation.
Last modified 1yr ago