Strike Docs
  • 📖Strike Documentation
  • ⭐Getting Started
    • 🧑‍🏫Guides
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    • 📒Protocol Math
      • sToken and Underlying Decimals
      • Interpreting Exchange Rates
      • Calculating Accrued Interest
      • Calculating the APY Using Rate Per Block
    • 💹Gas Costs
  • 🎙️STokens
    • Mint
    • Redeem
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    • Key Events
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    • Exchange Rate
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  • ⚙️Comptroller
    • Enter Markets
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    • Close Factor
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  • 👨‍👩‍👦Governance
    • Delegate
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    • Get Current Votes
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    • Key Events
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    • Timelock
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  • 🔡API
    • STokenService
      • GET: /stoken
    • MarketHistoryService
      • GET: /market_history/graph
    • ProposalService
      • GET: /proposals
      • GET: /proposals/:id
      • GET: /proposals/statistics
    • VoterService
      • GET: /voters/accounts
      • GET: /voters/accounts/:address
      • GET: /voters/history/:address
      • GET: /voters/:proposalId
    • GovernanceService
      • GET: /governance/strike
      • GET: /governance/proposals
      • GET: /governance/proposal_vote_receipts
      • GET: /governance/accounts
    • UserHistoryService
      • GET: /user/history
    • LiquidationService
      • GET: /get_liquidators
      • GET: /get_liquidator:account
      • GET: /get_liquidator_detail:account
      • GET: /liquidator
    • Shared Data Types
  • ⌛Strike.js
    • Strike Constructor
    • API Methods
      • Account
      • sToken
      • Market History
      • Governance
    • sToken Methods
      • Supply
      • Redeem
      • Borrow
      • Repay Borrow
    • STRK Methods
      • To Checksum Address
      • Get Strk Balance
      • Get Strk Accrued
      • Claim Strk
      • Delegate
      • Delegate By Sig
      • Create Delegate Signature
    • Comptroller Methods
      • Enter Markets
      • Exit Market
    • Ethereum Methods
      • Read
      • Trx
      • Get Balance
    • Governance Methods
      • Cast Vote
      • Cast Vote By Sig
      • Create Vote Signature
    • Price Feed Methods
      • Get Price
    • Utility Methods
      • Get Address
      • Get ABI
      • Get Network Name With Chain ID
  • 🤑DeFi 3.0 Vault
  • 🍍Revenue Share Staking
  • 🔒Security
    • Formal Verification
    • Bug Bounty Program
    • Immunefi
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  1. STokens

Redeem

PreviousMintNextRedeem Underlying

Last updated 4 years ago

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The redeem function converts a specified quantity of sTokens into the underlying asset, and returns them to the user. The amount of underlying tokens received is equal to the quantity of sTokens redeemed, multiplied by the current . The amount redeemed must be less than the user's and the market's available liquidity.

SErc20 / SEther

function redeem(uint redeemTokens) returns (uint)
  • msg.sender: The account to which redeemed funds shall be transferred.

  • redeemTokens: The number of sTokens to be redeemed.

  • RETURN: 0 on success, otherwise an

Solidity

SEther sToken = SEther(0x3FDB...);
require(sToken.redeem(7) == 0, "something went wrong");

Web3 1.0

const sToken = SErc20.at(0x3FDA...);
sToken.methods.redeem(1).send({from: ...});
🎙️
Exchange Rate
Account Liquidity
Error code