A step-by-step guide to the weETH fund post its maturity.
Our first weETH fund has reached its maturity at 2 pm UTC, Dec. 15, 2024. Here is a step-by-step guide for our users to claim back their weETH upon maturity.
1. Getting Started
To begin, follow these simple steps:
- Choose the correct network: Tranchess weETH Fund is deployed on Scroll.
- Connect your wallet: Start by connecting your Scroll-compatible wallet to the Tranchess platform. We support popular wallets such as MetaMask, Rabby Wallet, and WalletConnect.
- ETH for gas: You need some ETH on Scroll for the gas fee. You can do that with Scroll’s official bridge.
2. What happens when the fund matures
Depending on which page you are on, you might see the following information:
If you are on the front page, you will see the weETH fund section like this:
Click on “Redeem weETH” and you will be redirected to the Swap page.
If you are on the Swap page, you will see all the matured funds under the “Matured Funds” section:
The fair values shown will be the rates at which you can redeem your weETHs. If turPWEETH shows a fair value of 0.6030, yo0u can redeem every turPWEETH token you have for 0.6030 weETH.
Redemption is NOT a Swap. There’s no slippage regardless of the size you redeem for. Whether you are redeeming for 1 weETH or 100k weETH, you will always be converted with the fair value shown on the website.
Click on “Redeem weETH” :