Buy / Stake
How to Buy/Stake/Bridge USDai or sUSDai.
Buying or Redeeming $USDai
USDai does not accrue yield. Stake USDai to earn yield on deposits.
Select the BUY tab in the transaction modal
Select the Currency and Network ($USDai for Redeem)
Enter the Amount
Review the Terms
Click
Approveto allow the USDai contract to use your tokensClick
Buy
USDai is 100% backed by yield bearing stablecoins, so it can always be instantly redeemed for any of the deposit currencies.
Staking your $USDai
The USDai unstaking period is approximately 30 days.
Select the STAKE tab in the transaction modal
Select the Amount of $USDai you want to stake
Review the Terms
Click
Approveto allow the USDai contract to spend your $USDaiClick
Stake
USDai to sUSDai is not a 1:1 conversion as sUSDai is the yield-bearing token that passively earns income. When staking USDai, you will receive a lower amount of sUSDai and when unstaking sUSDai you should receive a higher amount of USDai.
Unstaking your $sUSDai
Select the UNSTAKE subtab within the STAKE tab in the transaction modal
Select the Amount of $sUSDai you want to unstake
Review the Terms
Click
Approveto allow the USDai contract to spend your $sUSDaiClick
UnstakeGo to Activity and click
WithdrawUSDai once the unstaking period ends
Bridging your $USDai or $sUSDai
USDai can be bridged to/from any chain
Mint on Abritrum or Ethereum or any other EVM chain available in the future
sUSDai can be bridged to/from any chain
Stake USDai for sUSDai on Arbitrum
Mint on Ethereum or any other EVM chain available in the future
Navigate to the BRIDGE page on the left sidebar
Select the token and network you want to bridge from
Select the Amount of $USDai or $sUSDai you want to bridge
Review the Terms
Click
Approveto allow the contract to spend your $USDai or $sUSDaiClick
Bridge
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