UnwrapUnwrap
Ondo · Acts onchain
Unwraps rebasing rUSDY back to USDY at the oracle's redemption price. Calls rUSDY's unwrap, burning the rebasing balance and releasing USDY. rUSDY holds a dollar-stable balance that rebases, while USDY accumulates value in its price instead. Reach for it to return to USDY before a transfer to a venue that does not handle rebasing tokens.
On other protocols · 4
