Subscription & Redemption
RYT can be obtained by onboarded investors through the web3 smart contract method. For investing eligibility, see Investor onboarding section.
Web3 Smart Contract Method
Minting is available 24/7. Burning is available whenever contract amounts permit.
RYT refills USDC teller at least once per business day to maintain instant redemption availability.
Please reach out to cs@solomonwin.com.hk if your subscription/redemption needs exceed liquidity teller capacity.
Subscription
- Go to the RYT Portal (www.ryt.finance) directly or via AlloyX website (Alloyx.com).
- Connect your wallet to the Smart Contract Teller.
- On the "Invest" tab, select the stablecoin (USDC) and enter a deposit amount.
- Enter the amount of RYT you wish to mint.
- Click "Add Funds" to instantly deposit stablecoin and mint RYT into your designated whitelisted wallet at the price shown.
- The whole process is ‘atomic’, meaning there is no scenario where you will deposit funds and not receive your RYT.
Redemption
- Go to the RYT Portal (www.ryt.finance) directly or via AlloyX website (Alloyx.com).
- Connect your wallet to the Smart Contract Teller.
- On the "Redeem" tab, select the stablecoin USDC.
- Enter the amount of RYT you wish to redeem.
- Click "Redeem" to return RYT at the price shown and receive the selected stablecoin in your wallet in an atomic transaction.
Liquidity Facility
RYT offers a “ Liquidity Facility” for special use cases.
Liquidity facility allows the client to have up to 100% instant liquidity into RYT at all times.
Additional fees apply for this service.