> For the complete documentation index, see [llms.txt](https://docs.zivoe.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.zivoe.com/user-docs/redeem-and-claim-yield.md). # 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 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 . --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation by asking a question. Perform an HTTP GET request on the following URL with the `ask` and `goal` query parameters: ``` GET https://docs.zivoe.com/user-docs/redeem-and-claim-yield.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is what the user is ultimately trying to achieve, the reason they need the answer. Sharing it helps GitBook give you a better, more relevant answer. A goal is most helpful when it describes the outcome the user wants rather than restating the question. For example, with `ask=how do I create an API token`, a goal like `automate deployments from our CI pipeline` lets GitBook tailor the answer to that use case. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.