Snake Finance Docs
  • ๐Ÿ™‹Introductions & FAQs
    • ๐Ÿ‘‹Welcome
      • ๐ŸคIntroduction
      • โ•Disclaimer
      • โ‰๏ธGeneral FAQs
  • protocol
    • ๐ŸŒฒGenesis pools
    • ๐Ÿง‘โ€๐ŸŒพForest Farms
      • How to use the Forest?
      • โš–๏ธSNAKE/S [STABLE]
      • โš–๏ธgSNAKE/S [VOLATILE]
    • ๐ŸชบNest
      • How to use the Nest?
    • โšกZapper
    • โœ”๏ธRedeeming
    • ๐Ÿ’ฑTrade
    • ๐Ÿ…Tokens
  • ๐Ÿง Unique Features
    • ๐Ÿ“‘Overview
    • โš–๏ธPeg Stability Module (PSM)
    • ๐ŸคนDynamic Nest Emissions (DNE)
    • ๐Ÿ’นLP Assets Rehypothecation (LPR)
  • Information
    • ๐ŸŒ‰Bridging to Sonic
    • ๐ŸฆTreasury Management
    • ๐Ÿ“œContracts
    • ๐Ÿ”—Official Links
    • ๐Ÿ‘ฎSecurity
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  1. protocol

Redeeming

Redeem Tab

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Last updated 25 days ago

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?

Our PSM funds being tracked by and their fantastic dashboard for tracking onchain data

โœ”๏ธ
Dune Dashboard