Redeem underlyingRedeem underlying
Moonwell · Acts onchain
Redeems an exact amount of a supplied asset from its Moonwell market. The market burns as many mTokens as its current exchange rate requires and pays out exactly the amount asked for. A redemption the account's borrows still depend on is refused, so repay first or keep enough supplied. It acts on the sending account's own supply, so standing alone the wallet sends it itself. Reach for it to take a precise amount of the asset back out, such as the exact figure a following repay or transfer needs.