For the complete documentation index, see llms.txt. This page is also available as Markdown.

Redemption Queue

The redemption process for USP tokens involves a digital queue that ensures fairness and security, distinct from the instant minting process. Each redemption request is placed in a queue within the smart contract on a "first come, first served" basis. The redemption contract holds a sufficient USD stable balance to immediately satisfy redemption requests. If the USP redeemed is a larger amount, part of the backing assets will be liquidated to complete the redemption request.

Last updated