Parallel Finance
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Parallel Finance

Get ready for the Heiko Crowdlown cKSM Redemption

Image courtesy of Levon.

cKSM Redemption TL;DR

  • You are going to need a small amount of HKO for the claiming transaction in step 5. If you don’t have any HKO left in your wallet, feel free to send a dm to Parallel Finance official Twitter account and ask for some. We would love to help!
  • If you decide to supply the redeemed KSM directly to Heiko Money Market (toggle on in step 4), the KSM will not appear in your wallet after the transaction. Instead, you will be able to see your KSM lend position in Heiko Money Market page and you can withdraw your position whenever you’d like.

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