How to Redeem mSEND and Claim SEND
Learn how to redeem mSEND and Claim SEND
Last updated
Learn how to redeem mSEND and Claim SEND
Last updated
To redeem mSEND, visit suilend.fi/send and navigate to the Claim section.
Here, you can view a detailed breakdown of your SEND allocations, including:
SEND Points Season 1
Capsules
Rootlets
Ecosystem Allocations (NFTs & Memecoins).
When you’re ready to redeem your allocations for mSEND, simply scroll down the page to access the REDEEM mSEND tab.
Please note that this redemption will burn SEND Points and Capsules. This process is final. If you choose to redeem Points and Capsules at a later date, please ensure you do so within 12 months.
For Rootlets, mSEND has been airdropped to each Rootlets Object ID, meaning the mSEND is owned by the Rootlets NFT itself. To redeem it, you must redeem it from the Rootlets Object ID, which requires the NFT to be unlisted.
If the Rootlet is listed on a marketplace, you’ll need to unlist it before proceeding with the redemption. If you sell or transfer the Rootlets without redeeming the mSEND, the new owner will be able to redeem it instead.
A snapshot was taken on December 10 2024, for holders of the following NFT and memecoin communities. Below is their SEND allocation (as a percentage of the total SEND supply). mSEND will be airdropped directly to holder wallets based on this snapshot.
The following NFT airdrops will be linear (distributed per NFT).
0.1% - PRIME MACHIN
0.1% - Aftermath Eggs
0.05% - DoubleUp Citizens
0.05% - Kumo
The following memecoin airdrops will be flat (The following memecoin airdrops will be flat (distributed per eligible address).
0.1% - FUD
0.1% - AAA
0.01% - TISM
0.01% - OCTO
To claim SEND from mSEND, follow these steps:
Navigate to the CLAIM SEND tab.
If you don’t already have sSUI deposited in Suilend, you’ll need to deposit some. Any amount will suffice.
Select how much SEND you want to claim from your allocation. Partial claims are allowed.
Refer to the mSEND penalty chart to determine the cost of claiming SEND at the time of your claim.
The penalty is paid in SUI. If the penalty amount exceeds the SUI available in your wallet, you can use a flashloan to borrow the necessary SUI, pay the penalty, and sell some of your claimed SEND to repay the loan in a single transaction. To enable this, make sure to toggle "Use flash loan to pay penalty".
Once "Use flash loan to pay penalty" is toggled, you have two claim methods:
CLAIM SEND: Enabling this will swap a portion of your claimed SEND to SUI to pay the penalty, with the remaining SEND proceeds sent to your wallet.
CLAIM AND DEPOSIT SEND: Enabling this will swap a portion of your claimed SEND to SUI to pay the penalty, with the remaining SEND automatically deposited into Suilend.
Alternatively, you can claim SEND and pay the penalty using your SUI funds, provided you have sufficient funds in your wallet.
