Subscription & Redemption
Last updated
Last updated
USYC can be obtained by onboarded investors through the or the . For investing eligibility, see .
Go to the USYC Portal ()
Connect your wallet to the Smart Contract Teller
On the “Fund” tab, select the appropriate stablecoin (PYUSD or USDC) you wish to use for minting USYC and enter a deposit amount
Enter the amount of USYC you wish to mint
Click “Add Funds” to instantly deposit stablecoin and mint USYC into your designated whitelisted wallet at the price shown
Go to the USYC Portal ()
Connect your wallet to the Smart Contract Teller
On the “Redeem” tab, select the stablecoin you wish to receive (PYUSD or USDC)
Enter the amount of USYC you wish to redeem
Click “Redeem Funds” to burn USYC at the price shown and receive the selected stablecoin in your wallet
Send stablecoin (PYUSD, USDC, or USDT) to Hashnote Short Duration Yield Fund (SDYF) wallet
Notify a Hashnote representative
Receive minted USYC in your designated whitelisted wallet
Send USYC to Hashnote SDYF wallet or burn USYC directly on-chain
Notify a Hashnote representative
Receive stablecoin or fiat
Hashnote offers a “Private Liquidity Teller” (PLT) for special use cases.
PLTs allow the client to have up to 100% instant liquidity into PYUSD at all times. This can be configured to have 100% liquidity 24/7 or be filled for liquidity at certain times (i.e. over weekends) or as agreed upon with Hashnote.
Additional fees apply for this service.