Simple Facility Of Redemption Script -
Expose the script via an API so that investors can click "Redeem" on a dashboard.
// Node.js Express endpoint
app.post('/api/v1/redemption/simple', (req, res) =>
const facilityId, shares = req.body;
const result = redemptionScript.calculate(facilityId, shares);
res.status(200).json(result);
);
Your script should read from a redemption_queue table and write results to a settlement_ledger.
SQL Example:
SELECT facility_id, principal, investor_email FROM active_facilities WHERE redemption_requested = true AND is_processed = false;
-- After script runs: UPDATE active_facilities SET redemption_value = 52100.45, status='settled' WHERE facility_id = 'FAC-101';
The Simple Facility Of Redemption Script provides the following commands:
If your shares are tokenized on a blockchain, write a Solidity version of the script that executes redemptions via a smart contract. Simple Facility Of Redemption Script
Checks if the shareholder owes the company money (unpaid loans, clawback provisions). If yes, the script deducts that amount from the redemption proceeds.