Depositors
Deposit and Mint RISKUSD
How to deposit USDC and receive RISKUSD on Arbitrum.
Overview
RISKUSD is the protocol's non-yielding dollar token. You deposit USDC and receive RISKUSD at a fixed 1:1 ratio. There are no auction rounds, no clearing prices, and no partial fills. Deposits are accessible continuously.
Step by Step
Approve USDC spending
Before depositing, you must approve the RISKUSDVault to spend your USDC. The protocol requests maximum approval to avoid repeated approval transactions.
Deposit USDC
Call the RISKUSDVault deposit function with the amount of USDC you want to convert. The contract mints an equal amount of RISKUSD to your wallet.
Confirm receipt
Your wallet balance updates immediately. RISKUSD appears as a standard ERC-20 token on Arbitrum.
Key Facts
- Ratio: Always 1:1. One USDC in, one RISKUSD out.
- Network: Arbitrum only.
- Continuous access: No deposit windows or rounds. Deposit at any time.
- No yield: RISKUSD itself does not earn yield. To participate in trading operations, stake it into an atRISKUSD vault.
Redeeming RISKUSD for USDC
To convert back:
- Call
RISKUSDVault.redeem(uint256)with the RISKUSD amount - If checks pass, the transaction burns RISKUSD and returns USDC at 1:1
A governance-configurable weekly redemption cap may apply. If a redemption would exceed the cap, it reverts; it does not queue. Redemption may also revert or be blocked by vault liquidity, reserve-ratio checks, unresolved loss or loss-pending conditions, blocklist status, or pause conditions.