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Approvals

Description of approvals​

  • CDP approving stETH for deposit:

    In order to deposit stETH into the CDP you need to approve the CDP address on the stETH token contract address. This can be done for you on the Cat-in-a-Box UI.

  • CDP boxETH approval to repay your debt:

    In order to repay your debt to your outstanding CDP you need to approve your boxETH tokens to be relayed by the CDP in order to pay back your debt.

  • boxFEE approval in order to stake and receive staking rewards Fee staking contract:

    approve boxFEE

  • boxETH approval in order to mint new boxFEE Fee staking contract:

    approve boxETH