Stellar Lumens (XLM) and yXLM asset will be used as an example. yBTC, yETH and yUSDC can be converted in exactly the same way.

You may also use your XLM to purchase yXLM directly on SDEX. However, Ultra Stellar cannot guarantee a 1:1 rate in this case as you will be buying at a market price.

Please email us at [email protected] in case of any difficulties.

Choose the wallet you are using for conversion:

LOBSTR

With LOBSTR you can convert XLM to yXLM using the "Deposit" option on the yXLM asset page.

  1. Search for "yXLM" or "ultrastellar.com" using the search field on the "Assets" page to find it.

  2. Use the "Add" button to enable a trustline to yXLM before starting the deposit process:

https://s3-us-west-2.amazonaws.com/secure.notion-static.com/604b24aa-ec6f-41bc-a93e-44f14070ef6a/Screenshot_2021-06-22_at_16.38.02.png

  1. Tap on the asset in the list to open the yXLM asset page.

  2. Choose the "Deposit yXLM" option to start the 1:1 conversion process:

https://s3-us-west-2.amazonaws.com/secure.notion-static.com/0977a95f-632a-4d71-9ee4-84476cb93164/Screenshot_2021-05-07_at_21.49.48.png