Redeeming

Redeem index tokens for USDC on Elysium at NAV, minus the redeem fee.

1. Request
   Enter the tokens to redeem and the least USDC you accept. Your tokens are held in escrow by the vault.
2. Settlement on HyperCore
   The fund sells its most overweight assets first, in orders of at least $10. Amounts under that are paid from the fund's USDC.
3. USDC arrives
   A signed settlement burns your tokens and the vault pays USDC to your wallet.

USDC out = tokens × NAV per token × (1 − 0.10%)

Something unclear? Tell us.