xTORCH Dashboard Guide
Last updated
Last updated
The xTORCH dashboard allows users to:
Convert TORCH to xTORCH
Redeem xTORCH
Manage xTORCH plugin allocations
The Dashboard displays the following:
TOTAL xTORCH: The total amount of xTORCH owned.
AVAILABLE xTORCH: The xTORCH token balance in your wallet.
ALLOCATED xTORCH: The total amount of allocated xTORCH tokens across the protocol.
REDEEMING xTORCH: The total amount of xTORCH currently vesting.
Your allocation: Your current amount of xTORCH allocation to a plugin.
Total allocations: Your total amount of xTORCH tokens allocated to a plugin.
Deallocation fee: The percentage taken as a fee after deallocating your xTORCH amount.
Navigate to the “Get xTORCH” section in the Dashboard.
Select the “TORCH” and “Convert” options.
Enter the amount of TORCH you want converted into xTORCH.
Click the orange “Approve” button.
Confirm the details of the transaction in your wallet when prompted.
Navigate to the “Get xTORCH” section in the Dashboard.
Select the “TORCH” and “Redeem” options.
Enter your desired amount of xTORCH to allocate for vesting.
Adjust your desired vesting period in “Redeem duration”.
Click the orange “Redeem” button. Before redeeming, you can also view details such as the redeem ratio and TORCH output.
Confirm the details of the transaction in your wallet when prompted.
