At anytime, a user is free to redeem his/her collateral.

After repay the principal plus the interest to the smart contract, your crypto asset will be redeemed automatically.

Redemption fee is calculated as The annualized interest * TAI amount * Duration. Duration is the on-chain time period, so the calculation of time will be slightly longer than the actual use time

The initial annualized interest rate is 1%.

Partial Redemption is not available.

CKB Occupation

  • sUDT: 142

  • CKB change: 232(minus transaction fee)

  • Transaction fee TAI: 142(Only fast mode)

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