FAQ

Common depositor questions about USDest, sUSDest, yield, redemptions, reserves and compliance.

USDest & sUSDest 101 — Questions about USDest and sUSDest, their differences, and how to get, stake, redeem or swap them
usdest-and-susdest-101/

TVL & Liquidity — Questions about reserve liquidity, TVL changes and secondary markets
tvl-and-liquidity/

Real-Estate Bonds — Questions about which bonds the vault holds, how coupons and principal flow, and how credit risk is managed
real-estate-bonds/

Reserves & T-bills — Questions about the USDC and T-bill reserves and how base yield reaches sUSDest
reserves-and-t-bills/

Yield & Secondary Markets — Questions about how yield is delivered, APY figures and fixed-yield markets
yield-and-secondary-markets/

Compliance & Access — Questions about who can mint and redeem, KYC, restricted jurisdictions and permissioned bonds
compliance-and-access/

Incentives — Questions about points, rewards and tokens
incentives/