Redeem veKWENTA & vKWENTA
Tutorial on how to redeem veKWENTA and vKWENTA
If you participated in the Aelin Pool for Kwenta back in early 2022 you can now redeem your vKWENTA tokens for KWENTA directly on the Kwenta Redemption page.
The first step is to connect your wallet holding vKWENTA tokens to the Kwenta staking page. Click the Connect Wallet button on the top right corner and connect your wallet of choice.
Redemptiontab. Find the vKWENTA redeemer box and select
Approve. Submit & approve the transaction through your web3 wallet. Next, submit a second transaction to
RedeemKwenta for your vKWENTA token.
Redeeming veKWENTA is done very similarly to redeeming vKWENTA as outlined above. The main thing to keep in mind is that the veKWENTA was issued on L1 Ethereum (Mainnet). Due to this it will need to be bridged to Optimism before it can be redeemed on the Kwenta Staking Dashboard. We've partnered with Optimism to make veKWENTA composable between Mainnet Ethereum and Optimism L2.
Visit the Optimism Bridge at:
Select veKWENTA in the token dropdown list. Note: Read the info box below on how to add veKWENTA to the token list.
Enter the max amount of veKWENTA to bridge. Select Approve and submit the transaction in your wallet. Once approved a Deposit button will appear. Select Deposit and approve the transaction.
Congratulations veKWENTA is on its way from Ethereum to Optimism.