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Burn an xAsset
Redeem your xAsset for the underlying Asset or Ether
xAssets can be burned at https://xtoken.market/app/invest
    1.
    Select the xAsset you wish to burn.
    2.
    Click on "Connect Wallet" and connect your Ethereum wallet to xToken Market.
    3.
    Type in the amount of ETH or underlying asset you want to redeem your xAsset for.
    4.
    Click on "Review Trade".
    5.
    Review your trade for any errors.
    6.
    If the trade looks accurate, Click "Submit". A message will be sent to your Ethereum wallet that will allow you to approve the burning of your xAsset.
    7.
    Approve the transaction in your Ethereum wallet.
    8.
    After the transaction has been confirmed by the Ethereum blockchain ETH or the underlying asset will show up in your wallet.
Each xAsset has a semi-frequent rebalance cadence that unlocks liquidity, making it available for redemption. We can't guarantee 100% redemption liquidity at a given time for all xAssets. Please refer to the "Exit Liquidity" tab for more information about why this is and how each xAsset handles exit liquidity differently.
Fees are collected by the XTK protocol on every burn transaction. For more information about our approach too fees go to the "Fees" page under the Miscellaneous tab.
If you have any issues contact the xToken team in our discord.
Last modified 1mo ago
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