Given that BTCDOM & invBTCDOM tokens are minted by supplying USDC collateral, that means USDC can be unlocked by redeeming BTCDOM and/or invBTCDOM tokens.
How collateral is unlocked depends on whether you are trying to redeem tokens before or after the expiration date.
- If you would like to unlock USDC before the expiration date, you will need to redeem equal balances of each dominance token.
- For example, redeeming 1 BTCDOM & 1 invBTCDOM anytime before expiration will unlock 100 USDC.
- However, if you wait until after the expiration date to unlock USDC, you will not need equal token balances.
- For example, if Bitcoin Dominance is 45% at the expiration date, each BTCDOM token will be redeemable for 45 USDC and each invBTCDOM token will be redeemable for 55 USDC.