# How to Stake or Redeem?

## DERP Convert to xDERP (Staking)

1. Enter the DERP amount for converting to xDERP.

<figure><img src="https://3050206827-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FYiUQ0TCTeU3ZWoBCdNEi%2Fuploads%2FH5QmEBN0O93Nu6UrqXmX%2Fimage.png?alt=media&#x26;token=0ec8f9c8-c2a7-4cef-9d5f-45efbb34597b" alt=""><figcaption></figcaption></figure>

2. Approve the DERP token for staking into xDERP and confirm the convert transaction.&#x20;

<figure><img src="https://3050206827-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FYiUQ0TCTeU3ZWoBCdNEi%2Fuploads%2FCha5YQaaaz7IPKQ5DQ8K%2Fimage.png?alt=media&#x26;token=14298239-c6ed-4d0b-a434-a6981690e36f" alt=""><figcaption></figcaption></figure>

3. Check your xDERP amount on "**Your Total xDERP**", which will be reflected once the transaction is completed.&#x20;

## xDERP Convert to DERP (Redeem)

1. Enter the xDERP amount you want to redeem and select the redeem duration. (Ps: Please refer [vesting](https://derpdex.gitbook.io/home/tokenomics/xderp/vesting "mention")for redeem ratio).&#x20;

<figure><img src="https://3050206827-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FYiUQ0TCTeU3ZWoBCdNEi%2Fuploads%2FEei8shtYl6O3ucyZJu2P%2Fimage.png?alt=media&#x26;token=3d618133-6b98-4f47-898d-e38ede330109" alt=""><figcaption></figcaption></figure>

2. Redeem the DERP from xDERP, and confirm the transaction. The vesting schedule will be appeared once the transaction is completed.&#x20;

<figure><img src="https://3050206827-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FYiUQ0TCTeU3ZWoBCdNEi%2Fuploads%2FI2ZJDEhfyrH5HN6ZCsiV%2Fimage.png?alt=media&#x26;token=04084459-8dbf-4b70-a6d2-369bc1f425ff" alt=""><figcaption></figcaption></figure>

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

<figure><img src="https://3050206827-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FYiUQ0TCTeU3ZWoBCdNEi%2Fuploads%2FqHBBxYCrlUsctHNMmj3S%2Fimage.png?alt=media&#x26;token=adccade6-8ff0-4a12-9861-c24ee46eb706" alt=""><figcaption></figcaption></figure>
