Claiming shUSD

After the cycle advances a user's pending deposit gets converted into a staked deposit. A user may then choose to claim their shUSD share tokens.

Clicking the 'Claim Now' button to proceed with the redemption process.

Claiming is an optional step. If a user decides not to claim they will still earn the base USDC yield on their entire deposit. All additional points yield will be forgone for users who do not claim their shUSD and hold the tokens in their possession. See the Yields page for more info.

There is no deadline or time window for claiming shUSD tokens. The user's shUSD entitlement will he held within the vault indefinitely until the user manually redeems it or withdraws it.

Auto-redemption Mechanism

This allows for claiming of vault held shUSD while also triggering a withdrawal request, resulting in a multi-function call transaction. There are three possible scenarios that trigger this:

1. A user tries to withdraw already claimed shUSD from the vault while still having unclaimed shUSD.

2. A user withdraws a combination of both claimed and unclaimed shares at the same time.

3. A user withdraws without claiming any shUSD.

Example withdrawal using both claimed and unclaimed shares