Claim Funds

When a token is closed, funds are paid back to the Nectar token contract at the prevailing exchange rate and further Nav Updates are disallowed (and hence the exchange rate is fixed). Yield token hodlers can claim their funds at anytime without have to first submit a withdrawal request.

User Steps:

  1. Connect your wallet and select a whitelisted address

  2. Enter an amount to claim and select 'Claim'

  3. Transaction 1: Approve the Nectar contract to interact with the yield token asset

  4. Transaction 2: Confirm the transfer of funds from your address to the Nectar contract

  5. Once completed, corresponding funds will appear in your wallet (and the Nectar Yield Tokens will be burned)

PreviousWithdrawNextClaim Rewards

Last updated