# UV Assets Ultraviolet introduces new derivative assets with unique payoffs known as UV assets. Below we'll cover the initial UV assets including uvBERA and uvPREM. ## uvBERA uvBERA is a synthetic stablecoin soft pegged to BERA. uvBERA can be used in liquidity pools such as uvBERA metapool to earn yield through Berachain's POL as well as trading fees or can be staked to earn yield which comes from the underlying staked iBGT. In due time, uvBERA will also be used across other DeFi applications, including functions such as a collateral asset. ## uvPREM uvPREM is a novel asset providing exposure to the premium between BGT and BERA. uvPREM offers users the ability to directly speculate on the premium between BERA and BGT and therefore offers a proxy vehicle to speculate on the incentive or bribes that flow through infrared's validator stack. uvPREM will have enhanced exposure to infrared via the underlying Infrared points, of which the majority will be going towards uvPREM LPs. **Minting** uvBERA and uvPREM can be minted on Ultraviolet through the mint contract. Users must be deposit iBGT in order to mint 1 uvBERA and 1 uvPREM. **Redemptions** Similarly, 1 uvBERA and 1 uvPREM can be redeemed for 1 iBGT. ## uvBGT uvBGT is the latest addition to the suite of products from Ultraviolet. Following the acquistion of yBGT from the BearnSucks team, uvBGT can be minted by migrating yBGT into uvBGT 1:1 on the webapp. uvBGT is backed by underlying BGT that is used to boost validators and earn yield which is then directed towards the uvBGT-swBERA LP pool that currently sits on Kodiak. Redemptions Underlying yBGT can be redeemed, with uvBGT, since that can't interact with contracts directly, the team will ensure redemptions are enabled to keep the price stable. A 10% redemption fee is applied. --- # Agent Instructions: 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: ``` GET https://uvmoney.gitbook.io/docs/ultraviolet/uv-assets.md?ask= ``` The question should be specific, self-contained, and written in natural language. 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.