Redeeming avUSD
Purpose: Convert avUSD back to USDC or USDT.
Steps:
Go to the Redeem Section: Navigate to the 'Redeem' tab on the platform.
Input avUSD Amount: Enter the amount of avUSD you wish to redeem. The interface will display the equivalent USDC or USDT you will receive.
Initiate Redemption: Click 'Redeem' and confirm the transaction in your wallet. Your tokens will automatically reflect in your balance once the redemption process is completed.
Additional Information:
Processing Time: Redemptions typically take between 1 to 7 days, depending on market conditions.
Flexibility: During this time, you may cancel or adjust your redemption order.
Transparency: A redemption fee may apply, and this will be clearly displayed in the interface before you proceed.
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