Requesting Withdrawals

Withdrawal Timeline

Withdrawal Timeline

Any Day: Submit Withdrawal Request (if not locked) │ ├── Lock Period Must Be Complete (min 7 days) ├── Submit Before Sunday 00:00 UTC │ Sunday 00:00 UTC: Cutoff Time │ ├── Process All Pending Withdrawals ├── Calculate NAV ├── Transfer USDC to Users │ Important: Submit after 00:01 UTC = Wait until next Sunday!

Step-by-Step Process

1. Check Lock Status

• Navigate to your Portfolio
• Verify lock period has expired
• See available JVAULT balance

2. Submit Withdrawal Request

• Enter JVAULT amount to withdraw
• Review estimated USDC output
• Account for withdrawal fee (see Fee Structure)

3. Confirmation

• JVAULT tokens are locked immediately
• Cannot cancel withdrawal request
• Tokens won't earn yield during processing
• Your withdrawal contributes fee to vault (see Fee Structure)

4. Wait for Sunday Settlement

• All withdrawals processed every Sunday 07:00 UTC+7
• Cut-off time: Saturday 23:59 UTC+7
• Receive USDC on Sunday morning

Withdrawal Calculation & NAV Impact

Withdrawal Formula

USDC Received = JVAULT Amount × Sunday NAV × (1 - withdrawal_fee)

📊 Fee details: See Fee Structure for exact rates and impact on vault.

Example & NAV Impact

Example & NAV Impact

Withdrawal Request:

• Amount: 1,000 JVAULT
• Sunday NAV: $1.20 (after profitable week)
• Gross USDC Value: 1,000 × $1.20 = $1,200
• Fee: See Fee Structure → stays in vault
• User Receives: $1,197 USDC (after fee)
• JVAULT Burned: 1,000 tokens (supply reduction)

Result for Remaining Holders:

• Vault keeps: Small withdrawal fee
• Supply reduced: 1,000 fewer JVAULT tokens
• Effect: Fee retention increases vault value per remaining token

Important Timing

Event	Time (UTC)	Description
Weekly Cutoff	Sunday 00:00	Last chance to request
Settlement	Sunday 00:00-01:00	Process all withdrawals
USDC Transfer	Sunday ~01:00	Withdrawals completed
Next Window	Sunday 00:01+	Requests for next week

⚠️ Critical: Submit withdrawal requests before Sunday 00:00 UTC or wait until the following Sunday!

Withdrawal Status

Pending

• Request submitted successfully
• JVAULT tokens locked
• Waiting for Sunday settlement

Processing

• Sunday settlement in progress
• NAV being calculated
• USDC transfer imminent

Completed

• USDC transferred to wallet
• Transaction hash available
• JVAULT tokens burned

Emergency Considerations

⚠️ No Emergency Withdrawals: Cannot withdraw before Sunday

⚠️ No Cancellation: Cannot cancel pending withdrawal requests

⚠️ NAV Risk: Final USDC amount depends on Sunday NAV calculation

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