wA7A5, issued by a company registered and regulated in accordance with Kyrgyzstan's legislation, is a tokenized, yield-bearing wrapper providing economic exposure to the A7A5 Russian Rouble-pegged stablecoin and its underlying rouble deposit interest [S1][S2][S3].

Each wA7A5 wraps A7A5, a token pegged 1:1 to the Russian Rouble (RUB) and collateralised by RUB fiat deposits held in leading banks with a Kyrgyz correspondent network, chosen for high overnight interest [S1][S2]. A7A5 distributes nearly all overnight deposit income to holders within 24 hours via balance rebasing, at a current yield of the Central Bank of Russia key rate minus one percentage point [S1][S4]. Yield accrues inside the non-rebasing wrapper, so wA7A5 appreciates relative to A7A5 over time [S3].

The issuer self-describes only as a company registered and regulated in accordance with Kyrgyzstan's legislation, incorporated in the Kyrgyz Republic and presented as fully compliant with Kyrgyz virtual asset service provider (VASP) regulation [S5][S2][S1]. The holder's claim is a blockchain token representing a diversified basket of real-world assets pegged to RUB and collateralised by RUB fiat deposits [S2]. The stated target market is the MENA and ASEAN regions, with the United States intentionally excluded, and KYC and AML procedures integrated [S2][S6]. Redemption is available through listed ecosystem platforms or accredited agents, executed via an owner-controlled burn at the contract level [S4][S7].

wA7A5 is issued as an ERC-20 token on Ethereum and is tradable on decentralized exchanges [S3][S8]. Underlying A7A5 is minted only upon receipt of fiat deposits through an owner-controlled issue function and redeemed through an owner-controlled burn function, with interest distributed onchain by adjusting total liquidity within 24 hours of receipt [S7][S1]. Compliance controls require 5-of-5 multisig approval [S7].

<Sources
  retrievedAt="2026-06-22"
  items={[
    { id: "S1", url: "https://docs.a7a5.io/introduction-to-a7a5/readme.md" },
    { id: "S2", url: "https://docs.a7a5.io/legal/terms-of-use.md" },
    { id: "S3", url: "https://docs.a7a5.io/a7a5-token/wa7a5.md" },
    { id: "S4", url: "https://docs.a7a5.io/help/faq.md" },
    { id: "S5", url: "https://docs.a7a5.io/legal/transparency.md" },
    { id: "S6", url: "https://docs.a7a5.io/introduction-to-a7a5/key_features.md" },
    { id: "S7", url: "https://docs.a7a5.io/a7a5-token/tech_specification.md" },
    { id: "S8", url: "https://docs.a7a5.io/a7a5-token/token-contracts.md" },
  ]}
/>


# Asset redemptions methodology

## 1. Overview

The total value of tokenized assets that are burned or returned to issuer-controlled addresses in exchange for offchain collateral assets is measured by the asset redemptions metric. User demand to exit asset positions and reclaim backing collateral is reflected by this metric. Daily redemption volumes are aggregated across all supported blockchains and converted to USD using end-of-day price feeds. A comprehensive view of capital outflows from tokenized assets is provided by this metric.

## 2. Data sources

- **EVM chain events**: ERC-20 token transfers, covering EVM-compatible chains (Ethereum, Arbitrum, Base, Polygon, Optimism, and others)
- **Solana instructions**: SPL token burn instructions and balance changes
- **Non-EVM chain events**: Native token burn events, transaction net flows, and asset pallet events covering Algorand, Cardano, Injective, Near, Polkadot Asset Hub, Ripple, Stacks, Stellar, and Sui
- **Asset metadata**: Token addresses and decimal precision
- **External data**: End-of-day price feeds

## 3. Step-by-step calculation

### Component A: Extract raw redemption and burn events

- **Purpose**: Token destruction or return to issuer custody across all supported blockchains is identified.
- **Logic**: On EVM-compatible chains, ERC-20 `Transfer` events are parsed where the recipient is the zero address or the dead address. On Solana, SPL token `Burn` instructions are parsed. On Algorand, token transfers to non-circulating configuration addresses (such as creator or reserve addresses) are extracted. On Cardano, negative token deltas are derived from transaction outputs and inputs. On Injective, token transfers with a burn event type are selected. On Near, token burn events are extracted. On Polkadot Asset Hub, `Burned` events from the assets pallet are parsed. On Ripple, transaction net flows that result in issuer inflows are identified. On Stacks, token transfers where the recipient address is null are parsed. On Stellar, SEP-41 `sep41_burn` events are extracted. On Sui, negative deltas are derived from total supply changes of treasury control objects.
- **Key fields**: `timestamp` (event time), `token_address` (asset contract address), `amount` (raw quantity)

### Component B: Apply premint corrections

- **Purpose**: Raw burn volumes are adjusted to exclude non-circulating token movements and include circulation exits.
- **Logic**: For supported assets, raw burn volumes are adjusted by subtracting preburns and adding premint redemptions. Preburns, which represent tokens burned directly from issuer-controlled premint addresses without ever entering circulation, are subtracted from the total. Premint redemptions, which represent transfers from circulating addresses back into premint addresses, are added to the total as they represent assets exiting active circulation.
- **Key fields**: `timestamp` (event time), `token_address` (asset contract address), `amount` (corrected quantity)

### Component C: Normalization and USD conversion

- **Purpose**: Token quantities are normalized by decimal precision and converted to USD.
- **Logic**: Daily token-denominated redemption amounts are aggregated by timestamp, chain, and token address. These amounts are normalized by decimal precision retrieved from token metadata. The normalized redemption amounts are then multiplied by end-of-day price feeds sourced from market data providers to calculate the final USD-denominated redemption value. If no redemptions occur on a given day, the daily value is filled with zero values.
- **Key fields**: `timestamp` (day), `chain_id` (blockchain identifier), `token_address` (asset contract address), `amount` (normalized token quantity), `price_usd` (asset price), `value` (USD-denominated redemption value)

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

Value of assets redeemed or burned for underlying collateral.

Asset redemptions

Tokenized funds

Each A7A5 is backed 1:1 by rouble bank deposits and earns overnight interest; tokens settle 24/7 on-chain. The wrapped version (wA7A5) wraps A7A5 for use in Ethereum DeFi.

A7A5 is a Russian Rouble-pegged stablecoin maintaining a 1:1 peg to the rouble, deployed on Ethereum and Tron with a wrapped, yield-bearing Ethereum version (wA7A5). Rouble reserves are held in partner banks with a correspondent network linked to the Kyrgyz Republic, and the token accrues overnight interest.

A7A5 is issued by the A7A5 project (a7a5.io), which holds rouble fiat reserves in trusted banks with a Kyrgyz Republic correspondent network.

Wrapped A7A5wA7A5