Redeeming Tokens/Interest

How to redeem zcTokens and redeemable nToken interest

Redeeming zcTokens

zcTokens can only be redeemed once a market has matured.

Once a market has matured, users can redeem their zcTokens 1:1 for their underlying deposit (e.g. 1 zcUSDC = 1 USDC).

Redeeming zcTokens:

1. Navigate to your Positions page

2. Select "Matured" to view the recently matured markets

3. Find the market and zcToken balance you would like to redeem.

4. Assuming you have zcTokens to redeem, click "redeem".

5. Confirm the transaction and receive a 1:1 amount of tokens !

Redeeming nToken Interest

nTokens generate interest continuously until maturity.

The interest that nTokens generate can be redeemed at any time.

Redeeming "redeemable":

1. Navigate to your Positions page

2. Identify whether the market has matured or not, and select the correct category.

3. Find the market and "redeemable" balance you would like to redeem.

4. Click "redeem".

5. Confirm the transaction and receive a 1:1 amount of "redeemable" balance in your underlying token.