Epochs

There are no built-in epochs or other procedural requirements for handling deposits, redemptions, and fees, but there is a general procedure that should be followed:

  1. Investors submit deposit requests and redeem requests (flow)

  2. Admin calculates requests to fulfill and triggers share value update

    1. update all asset rates via ValuationHandler

    2. update share value via ValuationHandler (flow)

    3. transfer redeem (and fee) assets shortfall to Shares

  3. execute deposit requests (flow)

  4. execute redeem requests (flow: see deposit requests)

  5. (optional) distribute fees (flow)

  6. withdraw assets surplus from Shares for asset management

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