> For the complete documentation index, see [llms.txt](https://docs.m3ter.ing/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.m3ter.ing/smart-contracts/claim-logic-modules-clms/clm-1.md).

# CLM-1

This contract provides a simple and secure way for users to convert their xDai revenues on the M3tering protocol to Solaxy tokens.

**How it works:**

* Users calls the claim function to send xDAI, along with abi encoded calldata to the contract
* The contract wraps xDai received from the user using the WXDAI contract.
* Wrapped xDai is then deposited into the savings-DAI vault (an interest-bearing vault by MakerDAO) for the equivalent in sDAI.
* Finally, the sDAI is used as collateral to issue new SLX tokens on the Solaxy bonding curve.

Developer: <https://github.com/iChristwin>

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