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Redeeming Liquidity
Xfai has two forms of liquidity provisioning: Two-sided liquidity provisioning and Infinity Staking. When a user performs two-sided liquidity provisioning, they receive an ERC20 liquidity token. That token can at any time be redeemed for the underlying liquidity plus any accumulated fees.
Note, in two-sided liquidity provisioning, the underlying liquidity can always be redeemed. In Infinity Staking, it cannot. In two-sided liquidity provisioning, impermanent loss can occur.
Xfai enables users to redeem their liquidity tokens at any time. To redeem liquidity:
- Make sure that you are on the
Liquiditytab of the Xfai app and have your wallet connected. For more details on how to connect your wallet, check this guide. - Click on the
Manage Liquiditybutton on the page. - Select one of the listed liquidity tokens.
- Click on the
Redeembutton of the liquidity token. - Specify a secondary token to exit from.
- Give Xfai permission to use your liquidity tokens.
- Set the amount you wish to redeem.
- Click on the
Confirmbutton. - Once the transaction is accepted, click on the
Donebutton to get back to the Xfai app.
Last modified 4mo ago