How to sell a Bond at your desired price? (create Sell order)
Last updated
Last updated
Step 1: Click on your wallet button to view List of your Bond holding
Step 2: Click Button "List" next to the Bond you want to sell
Step 3: Enter the parameters for your Listing order
Set amount you want to sell
Set the interest rate (yield) you want to sell in percentage (ex: 5.33%)
Note: This is NOT the Bond interest rate. This is the interest rate at which you are willing to sell the Bond. The lower the trading yield, the more ADA the seller will receive! A higher yield will attract buyers to help you sell your Bond faster, but you may receive fewer Ada coins
Step 4: Sign on your Wallet
Danogo will automatically calculate Bond price daily, so sellers & buyers do not have to keep updating their listings prices. Danogo will prioritise display of Bond sale with highest offer interest rate first, so seller should try to offer the HIGHEST interest rate you are willing to sell your Bond