So I can only transfer my DFI from cake over

Question

DeFiChain - International

ian

So I can only transfer my DFI from cake over

to Defi app. And swap the DFI to dTSLA and DUSD. Am I right?

#blockchain #cryptocurrency #defichain #english

0

02.05.2022

6 ответов

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DanieL BaptistA

Adding to what @mm_phoenix said, just an additional note, I believe you may be aware but never too much to remember. You cannot send LM shares directly from Defichain to Cake, in case in the future you want to do such for any reason. You'll see this option on the defichain app, but that is only valid between defichain wallets, not for Cake. Doing so might result in loss of funds. Regards 🙂

0

02.05.2022

ian Автор вопроса

DanieL BaptistA
Adding to what @mm_phoenix said, just an additiona...

Meaning once its a 1 way traffic from cake to defichain. But not the other way round?

0

02.05.2022

DanieL BaptistA

ian
Meaning once its a 1 way traffic from cake to defi...

No, you can send tokens in each way, no problem on that. But, on defichain wallet, you have an additional way of sending tokens, which is basically sending your entire pool position (without the need to exit it) to another wallet. But that, is only available between defichain wallets. I refer this, because the wallet does not recognize that you are sending a LM share to a Cake adress for example and therefore does not block such operation. In the past, users already commited this mistake and therefore, my friendly warning so you not lose funds. To send from and to Cake, always exit your pool positions and send the tokens separately 🙂

0

02.05.2022

ian Автор вопроса

Meaning I have to exit / stop the LM position first. And send separate dTSLA and DUSD as 2 separate transactions. Instead of sending the LM position. Am I right?

0

02.05.2022

DanieL BaptistA

ian
Meaning I have to exit / stop the LM position firs...

Exactly

0

02.05.2022

Pho · Accepted Answer

Pho

no you can send dTSLA and dUSD from cake to defichain wallet but if you want to add liquidity (+) you need to dfi for a transactions (0.1dfi is enough)

0

02.05.2022

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So I can only transfer my DFI from cake over

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