> For the complete documentation index, see [llms.txt](https://docs.bracket.fi/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.bracket.fi/product/brkteth/redemption-and-withdrawals.md). # Redemption and Withdrawals ### Redeem your brktETH **Users will have the option to redeem brktETH at zero fees (not including gas) for underlying collateral on Ethereum.** ### Token Availability and Swaps * Users can request to redeem any available asset in the treasury. #### Redemption Fee Policy No redemption fees will be charged, however, we reserve the right to institute a fee later if the withdrawal function is being used too frequently for arbitrage. **All redemptions are delayed 5 days.** Redemptions are priced based on the LST’s redemption conversion rates to acquire the underlying ETH at the time the deposit is requested. No pricing oracles are used. Users will need to return to the site to redeem their underlying assets after 5 days. **Redemption Price Example:** If xLST has a redemption conversion factor of 3.0 to ETH and brktETH’s conversion factor is 1.5 to ETH. Regardless of the current price market price of the assets, a user receives 0.5 of xLST for each one brktETH redeemed, in 5 days. *** **Note:** The reason we have a 5 day delay is to discourage users from using brktETH as a zero-cost swap facility. This strategy is designed to ensure fair and transparent redemption processes while maintaining the flexibility and security of our treasury funds. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://docs.bracket.fi/product/brkteth/redemption-and-withdrawals.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.