Redeeming Stablecoins
ERC20 aTerra tokens (e.g. aUST) can be redeemed to ERC20 stablecoins using the below endpoints:
Initiate Stablecoin Redemption
POST
https://ropsten-api.anchorprotocol.com/api/v1/init_redeem_stable
init_redeem_stable
allows you to initiate a stablecoin redemption request.
This endpoint returns an unsigned Ethereum transaction payload. You can sign this transaction yourself and send to the network, or broadcast using any custodian API that supports signing a raw Tx payload.
Note that only one init_redeem_stable
operation can take place at the same time; even if you successfully broadcast the resulting Tx to the network, the Ethereum contract will block any subsequent operations until an ongoing redeem stable is finished with finish_redeem_stable
.
Headers
Request Body
Finish Stablecoin Redemption
POST
https://ropsten-api.anchorprotocol.com/api/v1/finish_redeem_stable
finish_redeem_stable
allows you to finish a previously requested redeem stable operation.
This endpoint returns an unsigned Ethereum transaction payload. You can sign this transaction yourself and send to the network, or broadcast using any custodian API that supports signing a raw Tx payload.
Headers
Check Stablecoin Redemption Status
GET
https://ropsten-api.anchorprotocol.com/api/v1/redeem_stable_status
GET /api/v1/redeem_stable_status
allows you to check the status of an ongoing redeem_stable
operation.
You may want to periodically check the progress of your redeem_stable
request, since an operation may take up to minutes due to congestion on either side of the networks.
Please note that status being "finished"
does NOT mean you have run a full cycle of redeem_stable
operation; you still need to send another transaction from POST /api/v1/finish_redeem_stable
to finalize your operation.
This endpoint responds with HTTP 204 when there is no ongoing operation.
Headers
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