How to Stake or Redeem?

DERP Convert to xDERP (Staking)

1. Enter the DERP amount for converting to xDERP.

1. Approve the DERP token for staking into xDERP and confirm the convert transaction.

1. Check your xDERP amount on "Your Total xDERP", which will be reflected once the transaction is completed.

xDERP Convert to DERP (Redeem)

1. Enter the xDERP amount you want to redeem and select the redeem duration. (Ps: Please refer Vestingfor redeem ratio).

1. Redeem the DERP from xDERP, and confirm the transaction. The vesting schedule will be appeared once the transaction is completed.

1. After the vested period you chose, you can finalise your redeeming xDERP to DERP token. Finally, your wallet will receive the DERP token.