> For the complete documentation index, see [llms.txt](https://docs.piku.co/piku/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.piku.co/piku/piku-finance/vaults/usp-yield-optimized-stablecoin/minting-and-redemption/redemption-queue.md).

# 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.