Instant Exit

The Instant Exit feature allows you to burn your tRUSH at any time in exchange for a proportional share of the underlying collateral held in the protocol.

1. Navigate to the Burn Section

To begin, go to the website's Dashboard and select the Burn tab. This will open the Instant Exit interface.

2. Set Your Burn Amount

You can specify how much tRUSH you wish to burn using either:

• Direct Input: Type the exact amount of tRUSH you want to burn into the input field.

• Slider Control: Use the slider to easily adjust the quantity.

3. Review the Calculation Card

As you select an amount, the calculation card will provide a detailed breakdown of the transaction. It is crucial to review this information carefully:

• Collateral Value: This shows the total USD value of the collateral backing the amount of tRUSH you have selected to burn.

• Exit Fee: This displays the current penalty fee percentage applied to the transaction. The Exit Fee is deducted from your tRUSH tokens before they are burned and exchanged by the collateral. Treasury keeps the fee in tRUSH form.

• You Receive: After the fee is deducted and sent to the Treasury, your remaining tRUSH is burned. This is the final net amount of collateral (e.g., USDC) that you will receive in your wallet.

• Burn & Exit: Triggers the burn process which has to be approved from your wallet.

Instant Exit fee is dynamic and set by Treasury. Always check the amounts before signing.

4. Execute the Burn & Exit

To proceed, you will need to approve two transactions from your wallet:

1. Approve tRUSH: The first transaction gives the smart contract permission to use the specified amount of tRUSH from your wallet.

2. Confirm Burn & Exit: Once approved, click the "Burn & Exit" button and sign the second transaction. This will execute the process: the fee is sent to the Treasury, your remaining tRUSH is burned, and the corresponding collateral is sent to your wallet.

Important: Always use your wallet's transaction preview to confirm the final amount of collateral you are receiving before signing the second transaction. Wallets like Rabby provide a simulation that clearly shows which assets are leaving and entering your wallet, helping you verify the outcome.