> 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

<figure><img src="/files/7fDQoDFD8zfOEQE3qRaX" 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="/files/Rqzd0xnUnaNVCgGOPVzc" 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 %}