Help
Glossary
Plain-English meanings of the terms used in these docs.
Approved route · A contract run by another firm, such as an aggregator, that the issuer allows to mint and redeem USDh for its users. Redeeming through one pays 1 AUSD for each USDh.
Claim · The last step of leaving sUSDh. After the 30-day wait, you claim your USDh and the rewards it earned.
Etherscan · A free public website for reading Ethereum, used to check the contracts yourself.
Exit period · The 30 days between asking to unstake and being able to claim. The app may call it the cooldown.
Freeze · Stops one address from sending or receiving. It doesn’t take the balance.
Mint User · A business signed up with the issuer that can mint and redeem USDh directly. Everyone else swaps.
Multisig · A wallet that needs several people to sign before it can act, so no one person controls it.
Pause · Stops all USDh transfers during an emergency. Like a freeze, it can’t take anything.
Peg · The target that 1 USDh equals 1 US dollar.
Reserves · The cash and bonds held behind USDh and sUSDh.
Restructuring · When a government can’t repay its debts as agreed and renegotiates them with its lenders. Lenders usually take a loss.
Stake · Turn USDh into sUSDh.
sUSDh price · How much USDh one sUSDh is worth. It started at 1.00 and rises as rewards build up. The app may call it the exchange rate.
Timelock · A contract that makes every important change wait 48 hours in public before it can take effect.
Treasury bill · A short loan to the US government.
Unstake · Ask to turn sUSDh back into USDh, which starts the 30-day wait.
Last updated: Nov 10, 2026