Redeem & Claim Yield
How to redeem zSMB for stablecoins, including your accrued yield.
How Redemptions Work
zSMB is a yield-bearing vault token. As the underlying credit portfolios generate repayments, returns accrue continuously to the token's price. There are no separate yield claims or distributions; your full return is captured in the value of your zSMB when you redeem.
Requesting a redemption. To redeem zSMB for stablecoins, contact investors@zivoe.com with your wallet address and the amount you wish to redeem. Our team will confirm receipt and process the request.
Settlement. Redemption proceeds are settled in stablecoins at the prevailing zSMB price. Because protocol capital is deployed into short-duration private credit assets, processing timelines may vary depending on available liquidity. We aim to keep depositors informed of expected timing throughout the process.
Questions. For anything related to redemptions or your position, reach out to investors@zivoe.com.
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