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downgrading-to-dai.md

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description
Learn how to downgrade USDS to DAI.

Downgrading to DAI

{% hint style="info" %} Note: USDS and DAI are stablecoins offered by Sky, and are not issued by Spark. {% endhint %}

Tutorial

  1. Navigate to app.spark.fi and go to the Savings page.

Navigate to the Savings page

  1. In the Stablecoin in wallet section, your stablecoin balances are show. Next to USDS you will see three dots all the way to the right. Click the three dots, and click Downgrade to DAI.

Downgrade option in dropdown menu

  1. Enter the amount of USDS you wish to downgrade to DAI. Afterwards, carry out the necessary transactions in the Actions section.

Downgrade USDS to DAI window

  1. Once you have finalized all the transactions, you have succesfully downgraded USDS to DAI.

Confirmation: USDS downgraded to DAI