Yala Redemption Plan
Process, Timeline & What To Expect
About the Redemption Plan
Over the past weeks, we have communicated openly with the community regarding liquidity constraints and our commitment to a structured, transparent resolution. The Yala Redemption Plan has been designed to ensure fairness, clarity and predictable liquidity distribution for all YU participants (including Euler Yala Frontier Vault users), while allowing Yala to continue operating and building through this transition period.
At the core of the redemption system is a YU–USDC Redemption Pool, which allows users to deposit eligible assets and withdraw USDC on a 1:1 basis, subject to the monthly available redemption capacity.
By December 31, 2026, Yala will complete all YU-USDC redemptions based on the final outcomes of the judicial processes or updated debt assessment following the September 14 incident. Should any changes arise from these legal proceedings or revised assessments, the team will update the community promptly.
Assets Eligible for Redemption
Redeem the following deposited assets at a 1:1 rate into USDC. This rate does not include any interest-related amounts.
Euler Yala Frontier USDC Vault Token
Contract Address
0x481D4909D7ca2eb27c4975f08dCE07DBeF0d3Fa7YU Token
Contract Address
0xE868084cf08F3c3db11f4B73a95473762d9463f7Important Notice
YU tokens on all other chains (Base, Solana etc.) must be bridged back to Ethereum mainnet before they can be redeemed. The buyback/redemption can only be executed in USDC.
Redemption Schedule
Key dates and milestones for the Yala Redemption Plan. Mark your calendar and prepare your assets.
Redemption Pool Opens
The YU–USDC redemption pool opens for deposits. Connect your wallet and deposit eligible assets.
Redemption Deadline
Final date to submit your redemption requests. Ensure all assets are deposited before this deadline.
Monthly USDC Allocations
New USDC capacity enters the pool each month. Claim your USDC the same month or withdraw later in one transaction.
Full Redemption Complete
Yala will complete all YU-USDC redemptions based on final outcomes of judicial processes or updated debt assessment.
Monthly USDC Distribution
The monthly USDC allocation will be distributed proportionally based on:
Total YU or vault tokens deposited
Monthly USDC capacity added to the pool
How It Works
The redemption process is simple: deposit your assets, track your claimable USDC in real time, and withdraw whenever you choose.
Deposit
Select the token you want to deposit. If this is your first time, you'll need to authorize the contract in your wallet.
Deposit YU or Euler USDC Vault Tokens into the Redemption Pool.
View Claimable Amount
After depositing, wait for the USDC to be credited. Your redeemable shares will be calculated proportionally.
When new monthly liquidity enters the pool, the interface automatically updates to show your Claimable USDC.
Claim/Withdraw USDC
Claim or withdraw USDC at any time. There are no lock-ups and no restrictions on when users can claim.
You can view your Deposited YU Balance, Euler Vault Token Balance, and Claimable USDC directly on the claim page.