> For the complete documentation index, see [llms.txt](https://docs.cian.app/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.cian.app/bondify/for-users-quick-start/getting-started/buy-and-manage-yield-token.md).

# Buy & Manage Yield Token

1. **Buy YT.** Browse YT opportunities, pick an asset and maturity, and review the upfront cost and implied APY. Confirm to pay the cost — that amount is your maximum loss, with no liquidation of your capital.

<figure><img src="https://3390898017-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F2VbJsIDm1Amv00TtXuYm%2Fuploads%2FwbHkQ9mYEXeTxLc1dZrk%2Fimage.png?alt=media&amp;token=b2dfb076-c0d5-4f33-97fd-c1e1c21e0fee" alt=""><figcaption></figcaption></figure>

<figure><img src="https://3390898017-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F2VbJsIDm1Amv00TtXuYm%2Fuploads%2F25SV34Ere0EaGudHHeMZ%2Fimage.png?alt=media&amp;token=6c8d9cfe-69fc-4edf-ba45-388cd2e049c8" alt=""><figcaption></figcaption></figure>

2. **Resell YT.** To exit before maturity, relist your YT into the queue and sell at the current price.

<figure><img src="https://3390898017-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F2VbJsIDm1Amv00TtXuYm%2Fuploads%2Fjz0OOrubrN8Ez2RLDPuX%2Fimage.png?alt=media&amp;token=ef457d03-2747-47a9-8eb5-c4bab517a4f0" alt=""><figcaption></figcaption></figure>

3. **Claim after maturity.** After maturity, claim your yield and rewards, distributed pro-rata by holding time × balance.

<figure><img src="https://3390898017-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F2VbJsIDm1Amv00TtXuYm%2Fuploads%2Fbi4clhimZ7uuuPkIbVqV%2Fimage.png?alt=media&amp;token=27fb5ddf-1c00-4203-8a36-07a3575047f1" alt=""><figcaption></figcaption></figure>

4. **Track positions.** Monitor cost, implied yield, and maturity under My YT Positions.

<figure><img src="https://3390898017-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F2VbJsIDm1Amv00TtXuYm%2Fuploads%2FzqfEJno28wUNTrOp7X17%2Fimage.png?alt=media&amp;token=53602e58-e4b4-4c6e-b1c5-a607472f897d" alt=""><figcaption></figcaption></figure>