> For a complete index of Agora Finance documentation, fetch https://docs.agora.finance/llms.txt

# Redeem or Withdraw newUSD

> How to redeem whitelabel stablecoins for AUSD or withdraw from the vault

## **Description**

Users can redeem newUSD tokens for AUSD at any time.

## Flow of Funds

* User calls `withdraw()` or `redeem()`
  * `withdraw(assets, receiver, owner)` - Specify exact AUSD amount to receive. The vault calculates and burns the corresponding newUSD.
  * `redeem(newUsd, receiver, owner)` - Specify exact newUSD to burn. The vault calculates and sends the corresponding AUSD amount.
* newUSD tokens are burned from user's balance
* Corresponding AUSD is withdrawn from vault
* Remaining AUSD is transferred to receiver

### Examples

![](/_fern-files/_img/1adfa1b9accc779afc9fe25542f0d0666fa591161a2e5d2ee9ecb3af92613cd5.webp)![](/_fern-files/_img/b2fbb7ae9a54c7b6e4eb3262032cdb4d0b59cb621a3f12a6fa660368f38d7def.webp)

## Functions

```solidity
// Withdraw exact amount of AUSD, burn required newUSD
function withdraw(uint256 assets, address receiver, address owner) returns (uint256 newUsd);

// Redeem exact amount of newUSD, receive AUSD
function redeem(uint256 newUsd, address receiver, address owner) returns (uint256 assets);

// Check maximum AUSD you can withdraw
function maxWithdraw(address owner) returns (uint256);

// Calculate AUSD received for newUSD amount
function previewRedeem(uint256 newUsd) returns (uint256);
```