Redemption is the moment an HEX Time Token becomes what it always claimed to be: one HEX. This guide covers exactly what you receive, when the guarantee is strongest, and what your options are before the day arrives.
A correction, for the record: an earlier version of this guide described a “HEX + accrued yield” payout and a sliding early-redemption penalty. Neither exists — redemption pays exactly 1 HEX per HTT, and the protocol has no early-redemption mechanism at all. This rewrite is checked against the official documentation.
What Redemption Pays
On or after its redemption day, an HTT redeems 1:1 for HEX — you burn the token, you receive one HEX per HTT. There is no yield component: the stake’s yield belonged to the minting side of the trade, and the HTT holder’s return is the discount they bought at. The right to redeem never expires — the only time gate in the deployed contract is that the day has arrived.
The 14-Day Window
The first two weeks after the redemption day are the strong period: the backing stakes can all be ended without penalty, and 1:1 redemption is assured.
After the window, the right remains but the guarantee softens. Stakes that were not ended in time begin accruing HEX’s late-end penalties, which can shrink the redemption pool — and redemption then runs first-come-first-served against what the pool holds. The practical reading: redeeming inside the window costs you nothing and removes a risk; waiting is usually harmless but is no longer guaranteed by the contract.
How to Redeem
- Hold HTTs of a series whose day has arrived (a matured series shows matured wherever this site lists it).
- Open the official app at app.actuator.finance and use its redemption flow for that series — the official documentation’s redemption page describes the current interface.
- Confirm the transaction. The HTTs burn and the HEX arrives in the same wallet.
A matured HTT also trades at or very near 1 HEX on PulseX — selling one is economically similar to redeeming it, minus the swap fee and the pool’s spread.
Before Maturity: Selling Is the Exit
The protocol has no early redemption — an HTT cannot be handed back for HEX before its day, at any penalty, because no such mechanism exists in the contracts.
Before maturity, your exit is the market: sell the HTT on PulseX at its going price. The cost of leaving early is simply the discount — an HTT trades below 1 HEX by an amount that reflects the time remaining, and that gap narrows as the day approaches. The live discount table states today’s gap for every series, and the yield curve guide explains why the far-dated series trade deeper.
Two honest notes for early sellers: thin pools move — in a small pool your own sale can push the price against you (the discount table marks those rows) — and selling at a discount is not a penalty imposed by anyone; it is the same discount that paid the buyer who is now taking your place.