reUSDe redemptions are back. The next window opens October 1st at 12AM UTC.
How redemption works:
1. Submit between October 1 and October 14
2. Claim between October 15 and November 14
3. $1.5M pool, filled pro-rata if oversubscribed
4. Payout settles in sUSDe
↓
Note: If a redemption goes unclaimed within the 30-day claim period, the sUSDe payout is forfeited from this window and the original reUSDe is returned to the holder.
Learn more:
app.re.xyz/reusde
#reinsurance #RWA #DeFi
How redemption works:
1. Submit between October 1 and October 14
2. Claim between October 15 and November 14
3. $1.5M pool, filled pro-rata if oversubscribed
4. Payout settles in sUSDe
↓
Note: If a redemption goes unclaimed within the 30-day claim period, the sUSDe payout is forfeited from this window and the original reUSDe is returned to the holder.
Learn more:
app.re.xyz/reusde
#reinsurance #RWA #DeFi
