🔄Liquidation Process
Modus Liquidation Process *yet to be introduced*
Last updated
Modus Liquidation Process *yet to be introduced*
Last updated
Step 1 – Be the owner of staked $P(x)T and the wallet connected to the Modus dApp
Step 2 – Navigate to the ‘Portfolio’ page and scroll to the project that you want to liquidate.
Step 3 – Click the “Sell” button to unstake $P(x)Ts, collect $P(x)RTs accumulated so far and swap them into $MODUS at current price in one transaction by signing multiple permissions (this will cost AMB).
note: swaps to $MODUS are only available before project maturity has been reached and are not available after. A certain allocation of $MODUS equivalent to 10 – 25% of the project raise will be made available after at least 3 months staking on a first come first serve basis.
Step 4 – The principle of, and the accumulated return of, the investment up until that moment in time is now in the wallet in its equivalent value in $MODUS.