Redeem

When stUSDe is redeemed, the user receives USDe equivalent to the amount of stUSDe burned, minus any applicable redemption fees.

At the current stage of protocol implementation:

• stUSDe can be redeemed for USDe through the Strata UI.

• Redemption fees are currently waived.

• Redemptions are processed within 7 days, aligning with Ethena's sUSDe unbonding period.

• stUSDe can also be traded for other assets on secondary markets.