Withdrawals
Redemption is a plain contract call. No queue, no notice period, and no address that can stop you.
Two ways out
- In stablecoin. The vault unwinds your slice and pays USDG. Simple, and you wear the spread on whatever has to be sold.
- In-kind. The vault transfers your pro-rata share of each holding directly. Nothing is sold, so nothing is lost to slippage — and it works when equity markets are shut.
Why in-kind matters
A vault that can only pay out by selling is a vault that can be forced into selling at the worst possible moment. In-kind redemption removes that failure mode: the exit does not depend on there being a buyer.