Want to redeem your sUSDfr? Here's how.
Open Redeem in the FRV app.
Select sUSDfr and enter your amount.
Approve and submit your redemption request.
Track its status under Your Queue Positions.
Claim your USDfr once your request is filled.
Remember: there's a minimum 21-day wait. Requests cannot be cancelled, and settlement depends on available liquidity.
Prefer a faster exit? You can also swap through Uniswap, subject to available liquidity and market pricing, instead of waiting in the redemption queue.
Privacy is the foundation of Web3.
The Beldex privacy ecosystem keeps your transactions, communications, and online activity private.
Join the loyalty program and claim $BDX👇
https://t.co/Qeq3bTdC2y
Your sUSDfr balance may stay the same while its value changes.
Connect your wallet in the FRV app → open your position panel → check the exchange rate, historical gain, and fees.
Yield accrues through the share price, not as extra tokens sent to your wallet.
Our capital takes the first loss.
As of 14 October, FRV’s $5 million receivables loan book has $500,000 of curator first-loss capital, equivalent to 10% of that book.
We also deposited 10,000 USDfr into the GROVE coverage reserve on 14 October, funding the second protection layer previously reported as unfunded.
The order of loss absorption:
Curator first-loss capital → staked backstop → depositor principal.
These layers provide a buffer against losses. They do not eliminate risk, and losses beyond the available protection can reach depositors.
The facilities discussed have not experienced a missed payment or default to date. That history does not guarantee future performance.
"Confidential by design, public when you want" changes onchain assets forever.
Imagine RWAs & stablecoins where balances & positions remain fully encrypted to block MEV, yet selectively revealed for compliance or audit.
Data privacy + verifiability.
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