Buying bluSGD/DAI Treasury Bonds
Last updated
Last updated
To purchase a bluSGD/DAI LP Treasury Bond, we need to provide liquidity on Uniswap using bluSGD and DAI tokens. Therefore before purchasing LP Treasury bonds, make sure you have obtained DAI and bluSGD tokens in your wallet.
Follow these steps to get the bluSGD/DAI LP token:
Go to Bluejay site “Dashboard” and click on “Wallet” in the top right corner.
2. Then click on the swap button beside “bluSGD/DAI LP” under “LP Tokens”. This will redirect you to Uniswap site.
Then proceed to follow the same steps you did to get BLU/DAI LP tokens(here).
Click on “Approve bluSGD”, and then confirm the transaction on the Metamask pop-up.
Then click on “Supply” and approve the transaction through the Metamask pop-up.
Congratulations, you are now a liquidity provider for the bluSGD/DAI LP token.
Before you can proceed to buy the bond, you must approve bluSGD/SGD LP. This is a one-time action.
First, we will go back to Bluejay’s site. Then click on “SGD/DAI” from the left side bar.
You should be able to see this screen below:
Then proceed to follow the steps as we did to approve DAI/BLU LP. Click on “Approve bluSGD/DAI LP” and confirm the transaction on the Metamask popup.
You can now proceed to buy the bluSGD/DAI LP Treasury Bond.
Using your bluSGD/DAI LP tokens in your Wallet, key in any amount of bonds that you would like to buy, click on “Bond”.
You will see a Metmask popup to confirm the transaction. Click on “Confirm”. After a few seconds, your transaction should be completed and you are now a proud bluSGD/DAI LP Treasury Bond owner.
You can go back to the main “Bonds” page to view your Purchased Bonds and track their respective maturity.
Once a bond is matured, you can click on either “Redeem BLU” or “Redeem & Stake” to get BLU.
Head over to “Redeeming Bonds” to redeem BLU from the bonds you have bought.
If you require further technical support, you can open a support ticket on our discord channel (https://discord.gg/4DMsg555KT).
