How to Redeem mSEND and Claim SEND - Season 2
Learn how to redeem mSEND and Claim SEND
Redeeming mSEND
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 2
STEAMM Points
S2 Capsules
Rootlets Airdrop 2
When you’re ready to redeem your allocations for mSEND, simply scroll down the page to access the REDEEM mSEND tab.
Please note, the mSEND for Rootlets Airdrop 2 is a different mSEND Series (Series 4) with a different maturity date and penalty.
Redeeming mSEND from S2 SEND Points, STEAMM Points & S2 Capsules
Please note that this redemption will burn S2 SEND Points, STEAMM Points and S2 Capsules. This process is final.
If you choose to redeem Points and Capsules at a later date, please ensure you do so within 3 months (before September 3 UTC 00:00 AM).
Redeeming mSEND + Claiming SEND from Rootlets Airdrop 2 (Series 4)
The mSEND Series 4 penalty starts at 0.20 SUI, reducing to 0 SUI after 1 month. There is no deadline for claiming the Rootlets Airdrop 2 mSEND allocation.
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.
Claiming SEND from mSEND (Series 5)
To claim SEND from mSEND, follow these steps:
Go to the CLAIM SEND tab.
If you haven’t LP’d on STEAMM, add liquidity to any pair (any amount works).
Enter the amount of SEND to claim. If you have multiple mSEND series allocations, select which one to claim and then enter the amount.
Check the penalty chart. mSEND Series 5's penalty starts at 0.1 SUI, dropping to 0.05 SUI after 1 month.
Not enough SUI to pay the penalty? Borrow with 0% fees from Suilend, claim SEND, then use Swap + Repay on send.ag to repay with a portion of your SEND.
You can also pay the penalty directly with your SUI if your wallet has sufficient funds.
Alternatively, wait until the penalty reduces to 0.05 SUI after 1 month to claim SEND.
The deadline to claim SEND is September 3 at 00:00 UTC.
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