Depositors
Deposit and Mint RISKUSDC
How to deposit USDC and receive RISKUSDC on Arbitrum.
Overview
RISKUSDC is the protocol's non-yielding dollar token. You deposit USDC and receive RISKUSDC 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 RISKUSDCVault to spend your USDC. The protocol requests maximum approval to avoid repeated approval transactions.
Deposit USDC
Call the RISKUSDCVault deposit function with the amount of USDC you want to convert. The contract mints an equal amount of RISKUSDC to your wallet.
Confirm receipt
Your wallet balance updates immediately. RISKUSDC appears as a standard ERC-20 token on Arbitrum.
Key Facts
- Ratio: Always 1:1. One USDC in, one RISKUSDC out.
- Network: Arbitrum only.
- Continuous access: No deposit windows or rounds. Deposit at any time.
- No yield: RISKUSDC itself does not earn yield. To participate in trading operations, stake it into an atRISKUSDC vault.
Redeeming RISKUSDC for USDC
To convert back:
- Call
RISKUSDCVault.redeem(uint256)with the RISKUSDC amount - If checks pass, the transaction burns RISKUSDC 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.