Exit in a single ERC20 token | Voters

Exit in a single ERC20 token

complete

Simon de Groot

for simplicity, allow investors to exit into 1 single ERC20 token of desire. it should safe lots of gas costs if all underlying assets can be bundled in one transaction.

January 22, 2021

Mona El Isa

marked this post as

complete

Mona El Isa

happy to let you all know that this feature is complete and audited and will be included in Sulu release next week!

DeepCryptoDive

marked this post as

planned

Completely agree.

This will be enabled after shares transferability (which comes with the Sulu upgrade). The team figured out a clever way to do this!

David Fernandez

DeepCryptoDive: what’s the day for the sulu release?

DeepCryptoDive

marked this post as

under review

Irx 9

Agreed. Super important to have this available - even if gas is high...

don skoony

This is a big one especially for funds holding many assets, as an investor it does not make sense to enter a fund with one token and end up with 100's if you exit. However I know this is a gas price issue fundamentally which hopefully will be resolved soon with all the effort that is going into that in the Ethereum community.

Adrien Supizet

Totally agreed, I'd love to enable investors to exit and receive their funds in the denominated currency!
Although I can imagine this tx will require much gas, even with an optimized solution.
I'd love to hear your thoughts about this request!