Redemption & Withdrawals

(Yield Product → Stablecoin → Fiat)

Withdrawals occur in two steps:

Step 1 — Redeem (exit the investment product)

To withdraw from a Ledgity yield product, the investor first performs a “Redeem” operation. Upon redemption, the investor receives the stablecoin equivalent of their position—either EURC (for lyEUR) or USDC (for lyUSD)—credited to their account/wallet environment.

In other words:

• Redeem = exit the product

• Result = you receive EURC/USDC, representing the value of your investment at that time (including accrued yield, as applicable)

Step 2 — Withdraw to fiat (Stablecoin → EUR/USD)

Once the investor holds EURC/USDC following redemption, they can convert and withdraw to their registered bank account (IBAN) using one of the following rails:

A) Instant Withdrawal via MoonPay (Fee: 0.5%)

1. The investor initiates a withdrawal request

2. Stablecoins are converted into fiat (EUR/USD)

3. Fiat is credited via the instant rail where available Fee: 0.5%

B) Standard Withdrawal via Delubac (Free, 2–3 business days)

1. The investor initiates a withdrawal request

2. Stablecoins are converted into fiat (EUR/USD)

3. Fiat is transferred via standard banking rails to the registered IBAN Timeline: typically 2–3 business days Fee: free (bank timelines apply)

Note: Investors may also choose to keep their proceeds in stablecoins (EURC/USDC) after redeeming, without converting to fiat.