Redemption Flow

1

Investor fill redemption requests

The investor submits a redemption request, which enters a dedicated queue.

2

Redemption Processing - NAV Calculation and Reporting

"Before redemptions can be processed, the Vault Owner or Admin must assess the portfolio’s underlying assets and positions, and report the NAV in the Management App to determine the value of the assets being redeemed, including any profits or losses.

3

Redemption Processing - Deposit Request Execution

Once NAV has been calculated and reported, Vault Owner or Admins can execute the Redemption Request, triggering the transfer of funds from the Smart to the Depositor Address.

The Vault smart contract must have sufficient liquidity, and managers must ensure that funds are transferred to the contract beforehand.

A depositor can request to redeem any % of their shares. However, each redemption request has to be executed in full, i.e. it can't be executed partially by the fund owner.