Redemption
Last updated
Last updated
On the redemption page, users have the option to exchange their USDA for collaterals in active vaults, beginning with vaults that have the lowest Collateral Ratio (CR) when a specific asset is selected. In the example below, the user intends to redeem 100 USDA for mockETH, and the information below provides an estimate of the amount of the asset the user will receive. The Redemption Fee indicates the fee the user will be required to pay when the redemption is executed.
Users have the flexibility to select the particular asset they wish to exchange their USDA for.