> For the complete documentation index, see [llms.txt](https://yuzu-money.gitbook.io/yuzu-money/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://yuzu-money.gitbook.io/yuzu-money/yuzu-alpha/mint-and-redeem.md).

# Mint & Redeem

Minters mint/redeem yzUSD and yzPP with USDT0, subject to each related rule and prerequisite. Inflows are placed into the Collateral Pool and then deployed into curated DeFi strategies per policy. Flow diagrams (mint/redeem and protocol fund flows) are shown below.

<figure><img src="/files/6d8KuIPJibMUKvlH7x3S" alt=""><figcaption></figcaption></figure>

{% hint style="info" %}
*Access to primary mint/redeem flows for yzUSD and yzPP are limited to Eligible Investors who have passed KYC/KYB/AML, Sanctions, and Source‑of‑Funds/Wealth checks and who have provided reasonable proof of status plus a declaration to be treated as such. Secondary‑market activity in yzUSD/syzUSD is not operated by Yuzu and remains subject to third‑party venue rules and law.*
{% endhint %}