Collateral Tokens are accepted and emitted in the Minting and Redemption processes. 0-n stablecoins are accepted in tandem with Project Token at a specific ratio, the Minting ratio, by the oneToken Vaults. Upon redemption of oneTokens, oneToken Vaults burn the oneTokens in return for stablecoins of equal value (Collateral Tokens) minus the redemption fee. Since more than one kind of stablecoin can exist in the oneToken Vault at any given time, multiple stablecoin options are always offered on a “while supplies last” basis.