> For the complete documentation index, see [llms.txt](https://docs.fractit.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.fractit.com/token-lifecycle/redemption.md).

# Redemption

***

### Redemption windows

Fractit opens redemption windows **one to two times per week** on pre-announced dates. The schedule is published on the platform in advance.

During an open window:

* Navigate to **Portfolio → Redeem**
* Enter the number of DFMREIT tokens you wish to redeem
* Confirm — tokens are burned and CC or USDC is returned to your wallet immediately
* A redemption fee of **0.50%** is applied at the time of payout

***

### Outside redemption windows

When no redemption window is open, you can still exit your position at any time by selling your tokens on the Secondary Market. The AMM operates 24/7 with no lock-up period.

***

### Redemption vs. AMM sale

|                 | Redemption (primary)            | AMM sale (secondary)  |
| --------------- | ------------------------------- | --------------------- |
| Availability    | Windowed — announced in advance | 24/7                  |
| Price reference | NAV-based                       | AMM market price      |
| Fee             | 2.50%                           | 0.25% per swap        |
| Price impact    | None                            | Depends on pool depth |
| Token outcome   | Burned permanently              | Transferred to buyer  |

The right choice depends on your situation. The AMM gives you immediate exit at any time. Primary redemption gives you NAV-anchored pricing during announced windows.