Redeeming stable credit
Name | Description | Required? | Validation |
assetCode | The asset code of price-stable credit that you want to redeem. | Yes |
|
issuer | The issuing account of the stable credit to be redeem. | Yes |
|
amount | The amount of stable credit you which to exchange into VELO token. | Yes |
|
CLI
$ gvel credit redeem
Please input amount of stable credit: 1000
Please input asset code of credit to be redeemed : vTHB
🔑 Please input passphrase: ****
💖 Redeeming vTHB
Redeem successfully. You got XX VELO.
🔗 txHash is ${txHash}
You have now completed the flow of stable credit. Let's take a look at the price stablisation mechanism.