> For the complete documentation index, see [llms.txt](https://snake-finance.gitbook.io/snake-finance-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://snake-finance.gitbook.io/snake-finance-docs/protocol/redeeming.md).

# Redeeming

Redeem Tab

<figure><img src="https://438227621-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F6NLoEeKDsFx1ENKBnxGx%2Fuploads%2FDVPXZaCDLepHOYBd4lwZ%2Fimage.png?alt=media&amp;token=52d23558-5d83-4504-b0bf-192a394344c4" alt=""><figcaption></figcaption></figure>

Our unique features such as PSM, DNE, & LPR allow for PSM funds (Peg Stability Module) are what allow SNAKE to be closely tied to price of S to avoid any type of bankruns for our token.\
\
Redemptions allow for users to directly redeem SNAKE for S 1:1.

### How to Redeem?

<figure><img src="https://438227621-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F6NLoEeKDsFx1ENKBnxGx%2Fuploads%2FsKfkN4Yxu9x4PjOtX1KF%2FNVIDIA_Overlay_2025-04-03_08-37-33_3.png?alt=media&amp;token=2a1d7e86-3786-4707-a331-cd5f8e81ae11" alt=""><figcaption></figcaption></figure>

{% hint style="info" %}
Our PSM funds are being tracked by [Dune Dashboard](https://dune.com/snakeonsonic/snake-finance) and their fantastic dashboard for tracking onchain data<br>
{% endhint %}