Tracking Your Withdrawal Request

It's important to understand that Withdrawal Requests, like Lending Requests, are not processed immediately, but during the final 48-hour period (Clearing Period) at the end of each 7-day epoch.

The key information related to the Withdrawal Request process is summarised as follows:

1. Once you submit a Withdrawal Request, it will remain queued until the end of the current 7-day epoch with the outcome determined during the Clearing Period (the final 48 hours of the epoch).

2. If you didn't manage to submit your Withdrawal Request before the start of the Clearing Period (the start of the final 48 hour period of the 7-day epoch), then it'll remain queued and carry over to the next epoch.

3. During the Clearing Period, the Delegate will determine its liquidity requirements.

4. At the end of the Clearing Period, the outcome of your Withdrawal Request will be determined as Accepted in whole, in part, or nil amount Accepted at all. Any amounts that aren't accepted will remain queued (carried over) until the end of the next epoch.

To determine the status of your Withdrawal Request, particularly as it may be progressively Accepted over multiple epochs, visit My Portfolio > Transactions tab and scroll down to the Detailed Withdrawal Request Transactions Section.

This section displays a table which reveals the status of all your Withdrawal Requests in terms of the original Withdrawal Request amount, followed by the cumulative total of the amount Accepted, along with the amount that remains queued (yet to be Accepted).

The table displays the following columns and components:

Column 1: Last Transaction Date:

• Displays the date of the most recent transaction, being either the original Withdrawal Request date, or the date of the most recent withdrawal amount Accepted.

• For example, refer to the first row. On 16.01.2025, a Withdrawal Request for 100 USDC was submitted and is currently queued and until the outcome is determined at the end of the 7-day epoch.

• Similarly, refer to the second row, which shows that an original Withdrawal Request of 100 USDC was submitted, of which 50 USDC was accepted on 27.12.2024, with this amount also shown as the most recent Withdrawal amount accepted. The remaining 50 USDC will be queued until the end of the next 7-day epoch.

• The most recent transaction will always appear at the top of this table as your Withdrawal Request is progressively Accepted.

Column 2: Lending Strategy

• Displays the Lending Strategy to which the Withdrawal relates.

Column 3: Tranche

• Displays the Tranche within the Lending Strategy to which the Withdrawal relates.

Column 4: Withdrawal Request Status

• Displays all the status of your Withdrawal Request as follows:

  • Most Recent Withdrawal Accepted: Refer to the explanation in the 'Column 1' Section above, which explains that a Withdrawal Request may be progressively Accepted over multiple epochs. The most recent amount Accepted will therefore display here.

  • Original Withdrawal Request: Given that a Withdrawal Request may be progressively Accepted over multiple epochs, the original amount requested will display here to provide a history.

  • Queued: The total, cumulative amount of the original Withdrawal Request that is yet to be Accepted will be noted as queued. This amount will progressively reduce by the same amount that is progressively Accepted over each epoch.

  • Accepted: The total, cumulative amount of the original Withdrawal Request that has been Accepted. Each time an amount is Accepted, the cumulative total will update at the start of each new 7-day epoch.

  • Cancelled: If you cancel your Withdrawal Request prior to the start of the Clearing Period, the amount will appear as Cancelled. Should you wish to Cancel your Withdrawal Request, you must do so prior to the commencement of the Clearing Period, being the final 48 hours of the end of the 7-day epoch. Once the Clearing Period commences, you will no longer be able to cancel your Withdrawal Request. To cancel a Withdrawal Request, click on the 'View Details' link.

Column 5: Transaction Details

• Refer to the 'View Details' links in this column that display a modal which provides a breakdown of your Withdrawal Request status.

• For example, Column 4 only displays the cumulative total snapshot of a Withdrawal Request.

• However, once clicking on 'View Details,' the modal will display the date and amount of every individual amount withdrawn.