USDT tendered through the paid window is held in custody with two dispositions and no third. It becomes the locked liquidity reserve when the 10,000th paid share settles, or it is returned in full to the tendering wallet after 72 hours if settlement does not occur.
The 10,000th paid share is recorded. Custody seeds 8,000 USDT and 33,000,000 ONE into the $1/USDT PancakeSwap V2 pair, the LP is locked at the burn address, and the market opens. Your tender has become the liquidity beneath the note.
Seventy-two hours after the first subscription, the 10,000th paid share has not been reached. The redemption window opens and every tender is redeemable in full. The issue is withdrawn; the tendering wallet is made whole.
Custody holds the full tendered amount as USDT. While settlement is pending it leaves along one of those two paths and by no other.
Should Disposition B arise, redemption is exercised here. The control is enabled only once the window opens; otherwise the reserve has settled and there is nothing to redeem.
ONE DOLLAR$1 · BSC