# Mint & Redeem

USDO can be minted with zero commissions at any time by depositing the approved stablecoins (currently BUSD) at the current rate via the website.&#x20;

Users can redeem the value of their USDO at any time by depositing their USDO into our website/contract and receiving BUSD at the current rate in return. The USDO redeemed from the user will be removed from the circulating.

**Redemptions will have a 0.5% fee attached.**

The fees from the redemption will be used for:

* 0.1% to buy and burn **MIA**
* 0.1% to buy and burn **ONUS**
* 0.3% for the **USDO Collateral** (a smart contract that has collateralized stablecoins with only mint and redeem functions)


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