TomDV (❖,❖)

Say you request to exit your sUSDfr position today, November 1. November 22 is the earliest your request becomes eligible for settlement. It isn’t a guaranteed withdrawal date. That distinction matters. When you submit an sUSDfr redemption request, your shares enter FRV’s redemption queue. The request cannot be cancelled. The first 21 days are a mandatory holding period. Once that period ends, your request becomes eligible for settlement, but payment still depends on available liquidity. FRV processes eligible requests on a first-in, first-out basis. If other requests are ahead of yours, they must be processed first. And because the underlying capital finances real-world loans, not every dollar is sitting idle waiting to be withdrawn. There’s another important detail. The amount of USDfr you receive is calculated using the applicable share value when your request actually settles, not when you originally submitted it. Once your request fills, you can claim your USDfr. From there, eligible verified holders can redeem USDfr for USDC through the protocol, while the Uniswap market provides another route at the prevailing market price. This is an important distinction between earning yield from real-world credit and holding an immediately redeemable cash equivalent. Interest can accrue continuously. Liquidity follows a different timeline. Understanding both is part of understanding your position.

You don’t have to rely entirely on a dashboard to verify your position in Forest Road Vault. Your wallet and Ethereum’s public ledger give you another way to check what’s happening. If you’re holding USDfr, you can verify your token balance directly on Etherscan. If you’ve staked USDfr, you can check your sUSDfr balance and review the transactions that moved your assets into the vault. One important distinction: your sUSDfr token balance isn’t the same thing as the current USDfr value of your position. sUSDfr represents shares in the vault. The amount of USDfr those shares represent depends on the vault’s current exchange rate, which can change as income accrues or losses occur. So when you’re reviewing your position, there are two things worth checking: 1. How many sUSDfr shares you hold. 2. How much USDfr those shares currently represent. The first tells you your ownership. The second tells you the current value of that ownership. You can verify the deployed contracts here: forestroadvault.com/docs/add…

When you stake USDfr, your wallet balance changes. But where does the value go? Your USDfr enters the vault, and you receive sUSDfr, representing your share of the vault. As the underlying loan portfolio earns income, that value can be reflected in the exchange rate between sUSDfr and USDfr. You don't need more sUSDfr tokens to see growth. The value of each share can increase over time. Returns are variable, not guaranteed, and credit losses can affect share value. Explore: forestroadvault.com

Swapping USDC for USDfr on Uniswap? Check the price before you confirm. • Open the USDfr/USDC pool on Uniswap. • Enter your USDC amount and review the quote. • Check slippage, then confirm the swap in your wallet. One important distinction: USDfr can trade above or below $1 on Uniswap. Unlike minting, a swap happens at the market price. You’ll also need ETH for gas on Ethereum mainnet. Learn more: forestroadvault.com/docs/how…

Where does stablecoin yield actually come from? Someone is paying it. The real questions are who, why, and where is it made? Featuring @forestroadvault, @taifoon_io, @CheomaYield_xyz, @routiqdex_, @edgeai_xyz. Wed 28 Oct · 5PM UK / 1PM ET Set a reminder ↓