FNC
RedemptionEscrow — Live

Redeem FNC for USDC

Request a redemption at the NAV floor. The operator settles requests during the open window — you receive USDC and your FNC is burned.

Window
Closed

no active window

NAV / FNC
—

stale · NAVRegistry

Floor
97%

of NAV at settlement

Your FNC
—

wallet balance

Request a redemption

Your FNC is escrowed now. The operator settles it during the open window: you receive USDC at the NAV floor and your FNC is burned. You can cancel any time before settlement.

Connect your wallet to redeem FNC.

Redemption mechanics

  1. 1Approve: grant the RedemptionEscrow an allowance for the FNC you want to redeem.
  2. 2Request: requestRedeem(amt) moves your FNC into escrow and records your pending balance.
  3. 3Settle: during the open window the operator calls settle() — USDC at the NAV floor lands in your wallet and your escrowed FNC is burned.
  4. 4Cancel: before settlement you can cancel(amt) to pull your FNC back out of escrow.
View reserve & NAV