Mint/Redeem

Koral is designed to simplify user operations.

Easily access and earn passive yield from contributing capital to Koral's treasury with by Minting $kUSD

Mint kUSD

Users deposit USDC into Koral to mint kUSD. kUSD functions as a yield-bearing stablecoin that represents both the initial deposit amount and any accumulated interest generated from that deposit.

Users will be able to claim kUSD after depositing USDC at the beginning of the next epoch.

Redeem USDC

kUSD can be redeemed for USDC including both the initial deposit and accrued profits.

Users who perform redemption will be able to withdraw USDC after 4 epochs.