> ## Documentation Index
> Fetch the complete documentation index at: https://docs.cove.finance/llms.txt
> Use this file to discover all available pages before exploring further.

# Using the dYFI Redeemer

> How-to guides for using the dYFI Redeemer

## Using the dYFI Redeemer

### Approving

Users only need to approve the dYFI Redeemer contract once to participate in
dYFI→YFI redemptions. Once the dYFI Redeemer contract is approved users will
asynchronously start redeeming YFI for dYFI every time the Redeemer contract is
called.

<Steps>
  <Step>Navigate to the YFI tab on Cove.</Step>
  <Step>Select Convert YFI to find the dYFI Auto Converter.</Step>

  <Step>
    Toggle the ⚙️ to approve dYFI for conversions. Submit one transaction to
    approve the dYFI Auto Converter to redeem your dYFI→YFI.
  </Step>
</Steps>

Redemption is permissionless so any user can redeem if they wish to and are
periodically processed by keeper bots.

### Revoking

Users can revoke the dYFI Redeemer contract to stop participating in dYFI→YFI
redemptions at any time.

<Steps>
  <Step>Navigate to the YFI tab on Cove.</Step>
  <Step>Select Convert YFI to find the dYFI Auto Converter.</Step>

  <Step>
    Toggle the ⚙️ to revoke dYFI permissions. Submit a transaction to revoke the
    dYFI Auto Converter privileges.
  </Step>
</Steps>