> For the complete documentation index, see [llms.txt](https://xai-foundation.gitbook.io/xai-network/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://xai-foundation.gitbook.io/xai-network/about-xai/xai-tokenomics/the-redemption-process.md). # The Redemption Process {% hint style="info" %} To redeem esXAI go to {% endhint %} XAI and esXAI are separate tokens. Upon the completion of a redemption process, one token will be burned and it's counterpart minted. #### Redeeming XAI for esXAI XAI may be redeemed for esXAI at any time without penalty or restriction. The ratio of conversion is always 1:1 (100%) and there is no unlock period. #### Redeeming esXAI for XAI The redeem process to convert esXAI to XAI includes an unlock period, the duration of which is selected by the user. The conversion ratio will increase proportionally with the redemption duration: * The minimum redemption duration of 15 days will provide a 1:0.25 ratio (25%). * The remaining 75% of esXAI will be burned upon claim of the redemption. * The middle redemption duration of 90 days will provide a 1:0.625 ratio (62.5%). * The remaining 37.5% of esXAI will be burned upon claim of the redemption. * The maximum redemption duration of 180 days will provide a 1:1 ratio (100%). * Any esXAI redeeming process can be freely canceled at any time by the user, including after the unlock period is over if the redemption has not been claimed. * Any canceled redeem before its end will void the whole process. Users will retrieve their entire amount of esXAI, and no XAI. If users initiate another redemption they will have to start the unlock period anew. * KYC will be required for any Sentry Key holders to claim a esXAI to XAI redemption that has completed its unlock period. The Xai foundation may reserve up to 50% of would-be burned esXAI from the 15 and 90 day redemptions to the Xai foundation to support the Network. {% embed url="" %} Redemption Demo {% endembed %} --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://xai-foundation.gitbook.io/xai-network/about-xai/xai-tokenomics/the-redemption-process.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.