Smart Contract Upgrade: More Flexible Subscriptions & Redemptions

Superstate Apr 28, 2025
Smart Contract Upgrade: More Flexible Subscriptions & Redemptions

The newest version of Superstate’s token smart contracts, SuperstateTokenV5, is live on Ethereum Mainnet. The upgrade adds useful functionality and will be used for EVM deployments going forward.

The main change is the addition of another subscribe function with a to argument to the token contract. This allows investors to specify which Allowlist address belonging to their entity should receive USTB while using Protocol Subscriptions. Similarly, another redeem function that takes a to argument was added to the Redemption contract. It allows investors to specify any Ethereum Address to send USDC to after redeeming USTB.

Other notable updates in SuperstateTokenV5 include:

The Subscribe event on the token contract was renamed to SubscribeV2 with the following changes:

  1. Now emits the to argument
  2. Now emits stablecoinInAmountBeforeFee
  3. stablecoinInAmount was renamed to stablecoinInAmountAfterFee

The Redeem event on the Redemption contract was renamed to RedeemV2 with the following changes:

  1. Now emits the to argument
  2. Now emits usdcOutAmountBeforeFee
  3. usdcOutAmount was renamed to usdcOutAmountAfterFee

For more details on SuperstateTokenV5, including contract addresses and function specifications, refer to our technical documentation.

Twitter LinkedIn

Superstate

Home

Platform

About

Blog

Careers

Funds

USTB

USCC

Help

Documentation

Contact Us

Newsletter

Get Superstate News, Insights, and Industry Updates straight to your inbox.

All content available on this Website is general in nature, not directed or tailored to any particular person, and is for informational purposes only. Neither the Website nor any of its content is offered as investment advice and should not be deemed as investment advice or a recommendation to purchase or sell any specific security. The information contained herein reflects the opinions and projections of Superstate as of the date hereof, which are subject to change without notice at any time. Superstate does not represent that any opinion or projection will be realized. Neither Superstate nor any of its advisers, officers, directors, or affiliates represents that the information presented on this Website is accurate, current or complete, and such information is subject to change without notice. Any performance information must be considered in conjunction with applicable disclosures. Past performance is not a guarantee of future results. Neither this Website nor its contents should be construed as legal, tax, or other advice. Individuals are urged to consult with their own tax or legal advisers before entering into any advisory contract.

Superstate is currently exempt from registration with the U.S. Securities and Exchange Commission (“SEC”) in reliance on the private fund adviser exemption under the Investment Advisers Act of 1940 (“Advisers Act”). Information about Superstate can be found by visiting the SEC website www.adviserinfo.sec.gov and searching for our firm name. Neither the information, nor any opinion expressed above should be construed as solicitation or recommendation to buy or sell a security or personalized investment, tax, or legal advice.