Withdraw liquidity (Redeem nTokens)
Redeem nTokens (sell asset and don't accept residuals)
Note that by setting sellTokenAssets
to True and acceptResidualAssets
to False, the nToken redeemer will only receive Prime DAI in exchange for his nDAI. If the nDAI account has accrued any fDAI residuals, they will be sold for Prime Cash during the redeem action. Trading fCash for Prime Cash is subject to fCash trading fees. A large nToken redemption might therefore lead the redeemer to face slippage when redeeming.
Redeem nTokens (don't sell asset and accept residuals)
Note that by setting sellTokenAssets
to False and acceptResidualAssets
to True, the nToken redeemer will likely receive fDAI in all maturities and some Prime DAI.
Redeem nTokens (sell asset and accept residuals)
Note that by setting sellTokenAssets
to True and acceptResidualAssets
to True, the nToken redeemer will trade fDAI residuals for Prime DAI. If selling residuals is impossible due to low fCash liquidity, the redeemer will receive the fCash residuals assets to his portfolio.
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