Redeeming USTB
Set up
Before initiating a redemption, go to Settings and configure your Payout Destination. Proceeds from a redemption may be delivered as U.S. Dollars or USDC on select networks. There is no minimum redemption amount, and you can redeem the full amount of your holdings at any time.
Instructions
View instructions by navigating to the Portfolio page and clicking the Redeem button next to USTB.
Toggle the Redeem dropdown to view instructions for redeeming USTB tokens, or USTB shares held in book-entry.
To redeem USTB tokens, send them to the redemption address shown in the portal. Or for Ethereum tokens, call the offchainRedeem() function on the USTB token contract. Either method will initiate a redemption.
To redeem USTB shares held in book-entry, click the Redeem button on the portfolio page, select your Book-Entry shares, and enter the amount you wish to redeem.
USTB features Continuous Pricing, meaning that your redemption will be priced at the NAV/S at the time your shares are received.
Payout will be delivered according to your Payout Destination settings for your Investing Entity. You may elect to receive U.S. Dollars at a bank account, USDC to an Ethereum address, or USDC to a Solana address.
You will receive a confirmation email when a redemption has been initiated, and you can track its status in the Transactions table on the Portfolio page.
For Protocol Redemption instructions please see: https://docs.superstate.com/introduction-to-superstate/smart-contracts#redemptionidle-contract
Timing
Redemptions with a USDC payout are processed immediately when there is liquidity available. Please see the liquidity API for more information, or the tooltip on the redemption modal in the investor portal.
Redemptions with a US dollar payout are processed the same day if the request is received before 1pm ET. Requests after 1pm ET are paid out T+1
See Fund Holidays for exceptions
Fees
Gas fees to burn or transfer USTB are the responsibility of the investor.
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