RedeemRedeem
Extra Finance · Acts onchain
Redeems eTokens from an Extra Finance reserve for the asset they are worth. The socket approves the pool for the eTokens, and the pool burns them and pays the asset to the socket at the reserve's current exchange rate, interest included, reporting the amount paid. Pick All to redeem every eToken held. A redemption larger than the liquidity the reserve has not lent out is refused until the farming vaults repay. Reach for it to exit a lending position, or to pull the asset a following swap, transfer, or deposit elsewhere needs, coiling the amount paid forward.
On other protocols · 5
