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  • ibBTC Holders:
  • ibBTC/crvsBTC and renBTC/wBTC LP Vault Depositors:
  1. ibBTC

Removing Exposure to renBTC

Below are the recommended ways Badger users can remove exposure to renBTC

PreviousibBTCNextDIGG

Last updated 2 years ago

ibBTC Holders:

Holders of wrapped ibBTC can swap out to wBTC using the following Curve LP pool.

Holders of naked ibBTC can redeem their tokens for the underlying bcrvRenWBTC pool tokens using the Badger app and continue to withdraw their vault position from the corresponding renBTC/wBTC.

Redeem ibBTC:

Withdraw from LP Vault:

Once withdrawn, users can return to Curve to withdraw their assets into wBTC.

ibBTC/crvsBTC and renBTC/wBTC LP Vault Depositors:

Depositors will first need to withdraw from the following Badger LP vaults...

ibBTC/crvsBTC: renBTC/wBTC:

Once withdrawn, users can return to the corresponding Curve LP’s and withdraw their assets into wBTC.

ibBTC/crvsBTC:

renBTC/wBTC:

🚨
https://curve.fi/#/ethereum/pools/factory-v2-60/deposit
https://app.badger.com/ibBTC?chain=ethereum
https://app.badger.com/vault/convex-renbtc-wbtc-1?chain=ethereum
https://app.badger.com/vault/convex-ibbtc-crvsbtc?chain=ethereum
https://app.badger.com/vault/convex-renbtc-wbtc-1?chain=ethereum
https://curve.fi/#/ethereum/pools/factory-v2-60/deposit
https://curve.fi/#/ethereum/pools/ren/deposit