Yam Synths
  • Welcome to Yam Synths!
  • Overview
    • What can I do with Synths?
    • How Do I Use Synths?
      • How to Mint Synths
      • How to Earn Rewards
      • Where Can I Buy Synths?
      • How Do I Short Synths?
      • How Do I Manage Synths?
      • How Do I Settle Synths?
      • How Do I Redeem Synths?
    • How Do Synths Work?
      • How do Liquidations Work?
      • What are Priceless Synthetic Tokens?
      • What is the Data Verification Mechanism (DVM)?
      • What are the different Collateralization Ratios? (GCR vs CR)
    • How Do Rewards Work?
      • UMA Rewards Overview
      • Where are my Rewards?
      • How Much am I Earning?
    • FAQ
  • Synthetic Tokens
    • uPUNKS
      • Use Cases
      • Current Contracts
        • uPUNK-1221
      • Expired Contracts
        • uPUNK-0921
    • uGAS
      • Current Contracts
        • uGAS-1221
      • General uGAS Info
        • Getting started with uGAS
        • Use Cases
      • Expired Contracts
        • uGAS-JUN21
        • uGAS-MAR21
        • uGAS-FEB21
        • uGAS-JAN21
        • uGAS-0921
    • Deprecated Synths
      • uSTONKS
        • Current Contracts
          • uSTONKS-0921
        • General uSTONKS Info
          • Getting started with uSTONKS
        • Expired Contracts
          • uSTONKS-JUN21
          • uSTONKS-APR21
  • Additional Information
    • Yam Team
    • Glossary
    • Audits
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  1. Overview
  2. How Do I Use Synths?

How Do I Redeem Synths?

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Last updated 3 years ago

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If you minted synths, you can redeem your synths for your collateral back at anytime.

Click on “Redeem,” enter the amount of synths you’d like to redeem, and then approve.

Please note: You need to hold the same amount of synths that you originally minted in order to get your full collateral back. If you only want redeem a partial amount, you need to maintain at least the minimum position in the synth. This amount can be seen in the information about the synth either to the right, or below the minting modal.