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Mint / Redeem

Direct minting and redemption of muBOND is available to approved counterparties that have cleared Mu Digital's KYC procedures. Interested parties can reach out to us herearrow-up-right

muBOND is also available for permissionless swaps onchain through our DEX partners

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Minting

  • Users can mint muBOND using preferred stablecoins (such as USDC, USDT, or AUSD) at the most recent published NAV

  • Minting can be processed almost instantaneously and sent to the user's wallet upon transfer of the relevant stablecoins

  • There is no fee for minting

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Redemption

  • Redemption requests by default enter a redemption queue

  • Our fund partner relies on a weekly liquidity schedule, with redemptions processed by Tuesday for settlement the following week. In practice, expect ~7 calendar days between redemption and receipt of funds

  • Amounts below a certain threshold may be processed immediately subject to availability in our onchain liquidity buffer. We intend to scale this threshold over time alongside our TVL

  • There is no fee for redemption

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