Mint and redeem Aureus stablebonds against USDG at the current net asset value. Settled on Robinhood Chain.
MINT
You receive —
REDEEM
You receive — USDG
NAV—
YOUR BONDS—
YOUR USDG—
VAULT RESERVES—
REDEEMABLE NOW—
Bond value accrues as coupon, published on-chain by the issuer's keeper. Coupon is paid into the vault separately — until it arrives, redemptions larger than the vault's reserves are rejected on-chain. The figure above is what the vault can actually pay right now.