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There are instances where a token may be valid and be added to the organization's redeemable tokens array, but then become non-transferrable or broken in some way preventing redemptions from occurring.
A good example of this is the cDAI token which is "semi-transferrable" in that it is transferrable if the address does not have any outstanding compound debt, but locked otherwise. While its not ideal to leave assets "on the table" when redeeming, having the option to can avoid situations where the redeem function is blocked due to just one of the underlying assets being in a state that prevents the redeem function from executing.
The text was updated successfully, but these errors were encountered:
There are instances where a token may be valid and be added to the organization's redeemable tokens array, but then become non-transferrable or broken in some way preventing redemptions from occurring.
A good example of this is the cDAI token which is "semi-transferrable" in that it is transferrable if the address does not have any outstanding compound debt, but locked otherwise. While its not ideal to leave assets "on the table" when redeeming, having the option to can avoid situations where the redeem function is blocked due to just one of the underlying assets being in a state that prevents the redeem function from executing.
The text was updated successfully, but these errors were encountered: