Redemptions UI

Arkadiko Protocol
1 min readOct 3, 2024

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Great news Arkadians! We have shipped a first version of the redemptions UI, made for users who would like to keep track of redemption fees and the least healthy vault per collateral type.

https://app.arkadiko.finance/redemptions

Users can now easily see relevant redemption info, with an example in the above screenshot. If you are new to Redemptions, please read the following post first: https://arkadikofinance.medium.com/explaining-arkadiko-2-0-redemptions-d37d2f73c994.

The min/max fees indicate the minimum fee and the maximum fee a redeemer will pay over a 24 hour rolling period (measured in Bitcoin blocks). This means that if more redemptions happen within a 24-hour period, the fees gradually rise, up to 3% in the above example.

As for the different collateral types shown, a user can view the amount of collateral and USDA debt in the vault, redeem some USDA against the vault, or simply view the vault.

This redemptions offering was created to simplify and visualise the inner workings of Redemptions in Arkadiko 2.0. Further work on Arkadiko 2.0 will include improving liquidity on-chain for swapping USDA to aeUSDC. Further comments and feedback are welcome on our X account (@ArkadikoFinance) or Discord channels.

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Arkadiko Protocol

Arkadiko Protocol is a stablecoin (USDA) built on Stacks to bring DeFi to Bitcoin.