> ## Documentation Index
> Fetch the complete documentation index at: https://docs.frenflow.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Redeeming Resolved Positions

> How to redeem winning positions after a market resolves. Auto-redeem, manual redemption, and what happens to losing positions.

## <span style={{color: "#baf820"}}>What is Redemption?</span>

When a prediction market resolves (the outcome is known), your shares can be redeemed:

* **Winning shares** are worth **\$1.00 each** — you can redeem them for USDC
* **Losing shares** are worth **\$0.00** — they expire automatically

Redemption converts your winning shares back to USDC in your wallet.

## <span style={{color: "#baf820"}}>How It Works</span>

<Steps>
  <Step title="Market resolves">
    The market outcome is determined (e.g., "Yes" wins). This can take minutes to days depending on the event and any disputes.
  </Step>

  <Step title="Position becomes redeemable">
    A **Redeem** banner appears on your Portfolio page showing your redeemable positions and their total value.
  </Step>

  <Step title="Click Redeem">
    Click **Redeem** on individual positions or **Redeem All** to collect everything at once. USDC is sent to your wallet.
  </Step>
</Steps>

## <span style={{color: "#baf820"}}>Auto-Redeem</span>

FrenFlow can automatically redeem winning positions as soon as markets resolve:

1. Go to **Settings → Trading**
2. Enable **Auto-Redeem**

When enabled, FrenFlow checks for redeemable positions periodically and redeems them without any action from you.

<Tip>
  Auto-redeem is recommended. It ensures you collect your winnings immediately without having to check manually.
</Tip>

## <span style={{color: "#baf820"}}>Manual Redemption</span>

If you prefer to redeem manually:

1. Go to **Portfolio → Positions**
2. Redeemable positions show a green **Redeem** card at the top
3. Click **Redeem** on each position, or **Redeem All**

From Telegram, redeemable positions appear when you use `/positions` with a **Redeem** button.

<Frame>
  <img src="https://mintcdn.com/frenflow/Dp0VW7c0LtObrg6C/images/redeem.gif?s=857090b4bac800b5bbd4d678b3b4cf9c" alt="Redeem from Telegram" width="640" height="510" data-path="images/redeem.gif" />
</Frame>

## <span style={{color: "#baf820"}}>Common Questions</span>

<AccordionGroup>
  <Accordion title="How long does redemption take?">
    Redemption is a blockchain transaction on Polygon. It typically completes in 5–30 seconds. Your balance updates once the transaction confirms.
  </Accordion>

  <Accordion title="What if I lost? Do I need to do anything?">
    No. Losing shares (worth \$0) expire automatically. They'll disappear from your portfolio after the market resolves. No action needed.
  </Accordion>

  <Accordion title="Why can't I sell instead of redeeming?">
    Once a market resolves, the orderbook closes — no more buyers or sellers. The only way to collect your winnings is to redeem.
  </Accordion>

  <Accordion title="What about disputed markets?">
    Some markets go through a dispute/voting process via [UMA Oracle](/uma/overview) before resolving. During disputes, you cannot redeem. Once voting completes and the market settles, redemption becomes available.
  </Accordion>

  <Accordion title="Is there a fee for redeeming?">
    No. Redemption is free — you receive the full \$1.00 per winning share. Gas fees on Polygon are negligible (fractions of a cent).
  </Accordion>

  <Accordion title="I won but don't see the Redeem button">
    The market may still be in the settlement window. Polymarket markets have a short delay between resolution and redemption availability. Check back in a few minutes. If it persists, the market may be under [UMA dispute](/uma/overview).
  </Accordion>
</AccordionGroup>