Stablecoin Redemption Queue Position Claimer
Free to download on every platform. Comes pre-installed on BotFone, BotPad and BotFlip — with extra free apps included.
About this app
WHAT IT DOES
Stablecoin Redemption Queue Position Claimer is a specialized DeFi tool that reads redemption queue positions and claims stablecoin redemptions with collateral backing, fee handling, and batch support. It reads the redemption queue contract state, stablecoin contract state, and collateral asset state to track user positions. The tool fetches the user's queue position, queue length, position status, redemption amount, collateral asset state, collateral price feed, and user redemption eligibility. It reads claimable amount, position claim status, claim history, gas price, block timestamp, chain ID, transaction nonce, queue processing state, collateralization ratio, redemption fee, minimum and maximum redemption amounts, user balance, user allowance, and execution eligibility. It supports four key actions: claiming a single redemption position, batch claiming multiple positions, canceling a position, and withdrawing collateral.
HOW TO USE
Connect your wallet and select your network from the dropdown. Paste the redemption queue contract address, stablecoin contract address, and collateral asset contract address. Click "Read Queue Position" to fetch your position details from the queue. The tool displays your queue position, queue length, position status, redemption amount, claimable amount, collateralization ratio, redemption fee, queue processing state, execution eligibility, and claim history. To claim your redemption, enter the position ID and click "Claim Position". To claim multiple positions simultaneously, click "Batch Claim". To cancel your position, click "Cancel Position". The action preview shows the position ID, claimable amount, action type, and eligibility status before submission.
REDEMPTION QUEUE POSITION AND CLAIM ENGINE
The tool implements a comprehensive redemption queue management engine that tracks positions and processes claims. It reads the user's queue position using userQueuePosition to identify where the user stands in the redemption queue, and queueLength to show total pending redemptions. The tool reads positionStatus to determine if the position is pending, ready, claimed, or expired. It reads redemptionAmount to display the user's requested redemption and claimableAmount to show what is currently available to claim. The tool reads collateralizationRatio to assess the protocol's backing, and redemptionFee to display the cost of redemption. It reads queueProcessingState to show whether the queue is actively processing, paused, or completed. When claiming a position, the tool constructs a claimPosition transaction with the position ID—the contract verifies eligibility, applies the redemption fee, transfers the stablecoin to the user, and updates the position status. For batch claims, the tool calls batchClaim with an array of position IDs, processing multiple claims in a single transaction. For cancellations, the tool calls cancelPosition which removes the position from the queue and makes the collateral available for other users. The tool also reads claimHistory to track past claims, and executionEligibility to confirm the user can claim. Gas estimation uses the provider's fee data with a safety multiplier, and the tool validates that the user has sufficient balance for gas costs.
WHAT IT CANNOT SEE
This tool cannot verify that the redemption will be processed before the user's position expires. It cannot detect if the collateralization ratio has been manipulated or if the price feed is stale. It cannot guarantee that the claim transaction will succeed if the contract has insufficient collateral. It cannot recover funds if the claim fails due to reverts or gas issues. It cannot verify that the redemption amount is fair or accurate. It cannot provide financial, investment, or trading advice. It cannot ensure that the collateral will be delivered. It cannot detect if the redemption queue contract has been upgraded or modified. It cannot predict queue processing times. It cannot verify off-chain redemption terms or collateral valuations.
PLEASE NOTE
This tool supports EVM-compatible chains only. It requires an active RPC connection and a wallet with signing capabilities. The tool does not custodial funds or private keys. Always verify your queue position and claimable amount before claiming. Claims are irreversible—ensure you intend to redeem before confirming. Batch claims may consume more gas but save on multiple transactions. The tool is for informational and experimental use; you bear full responsibility for redemption decisions.