Kasu Finance Docs
  • Introduction to Kasu
    • What is Kasu
    • Credit Markets - A Multidimensional Problem
    • Our Unique Technology Solution
  • How Kasu Works
    • Overview of the Kasu Ecosystem
    • Lending Strategies Explained
      • Professional Fee Funding - Accounting Firms
        • Value Proposition
        • Proprietary Technology and Defensible Intellectual Property
        • Technology-Driven Risk Management & Security Structuring
        • Real-Time Risk Monitoring & Reporting
        • General Loan Terms & Credit Policy Framework
        • Superior Quality Yields
      • Taxation Funding (Tax Pay) - Diversified Businesses
        • Value Proposition
        • Proprietary Technology
        • Technology-Driven Risk Management & Security Structuring
        • General Loan Terms & Credit Policy Framework
        • Superior Quality Yields
      • Whole Ledger Funding - Professional Services Firms
        • Value Proposition
        • Proprietary Technology & Defensible Intellectual Property
        • Technology-Driven Risk Management & Security Structuring
        • Real-Time Risk Monitoring & Reporting
        • General Loan Terms and Credit Policy Framework
        • Superior Quality Yields
    • Loan Tranches Explained
    • The Role of the $KSU Token
      • KSU Token Locking Mechanics
      • Token Utility & Rewards for Lenders
    • Lender Loyalty Levels
    • Protocol Fee Sharing
    • Launch Bonus
  • Getting Started With Kasu
    • KYC/KYB Requirements
    • Becoming a Lender
  • Lending with Kasu
    • Lending Funds
    • Tracking Your Lending Request
    • Withdrawing Funds
    • Tracking Your Withdrawal Request
    • Earning Interest
    • Understanding Epochs & Clearing Periods
      • Epochs
      • Clearing Periods
  • Maximising Your Kasu Experience
    • KSU Token Locking and Benefits
    • Understanding Loyalty Levels
  • Risk Structuring and Security (Collateral) Structuring
    • Security (Collateral) Structuring, Covenants & Undertakings
    • Risk Reporting
    • Tranche Structuring - Loss Apportionment & Recovery of Funds
    • First Loss Capital
    • Handling Losses
  • The Technology Behind Kasu
    • Smart Contracts and Upgradability
    • The Kasu Oracle
    • Accounts Receivables Automation Software and Payments Technology
  • Addresses and Socials
    • Kasu on Social Media
  • Important Information When Lending!!!
    • Important Information
    • Frequently Asked Questions
  • Risk Warnings
    • Risk Warnings
  • Legal Notices
    • Privacy Policy
    • Platform Access and Use (Terms of Use)
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  1. Lending with Kasu

Withdrawing Funds

PreviousTracking Your Lending RequestNextTracking Your Withdrawal Request

Last updated 1 month ago

When you're ready to withdraw your funds from a Lending Strategy, you can initiate a Withdrawal Request at any time. It is noted, however, that this only applies to variable APY loans. I.e. you will not be able to submit a Withdrawal Request from any fixed APY loans, given that you would have agreed to the fixed rate term upon entering into this lending arrangement.

It is also important to understand that like all other transactions, Withdrawal Requests must be submitted prior to the commencement of the Clearing Period, which commences 48 hours prior to the end of the 7-day epoch.

To submit a Withdrawal Request from a variable APY loan, the following steps are necessary:

  1. Connect your Web3 wallet.

  2. Visit the Lending page of the Kasu platform where all the Lending Strategies appear.

  3. Click on the Overview button of the relevant Lending Strategy you would like to withdraw your funds from.

  4. Scroll down to the Your Lending Section and click the Withdraw button. Note that if your Web3 wallet is connected and you don't see any Lending Balance appear in this Section, the Withdraw button will be inactive, meaning you do not have any funds in this particular Lending Strategy to withdraw.

  5. You will then be prompted to enter the USDC amount you would like to withdraw, along with the Tranche you'd like to withdrawal your funds from.

  6. Follow the prompts until you received confirmation that your Withdrawal Request is sucessfully queued.

The fulfilment (acceptance) of your Withdrawal Request first depends on the available liquidity in each Lending Strategy. If there's insufficient liquidity, your Withdrawal may not be fulfilled (or only partially fulfilled), in which case, the unfulfilled portion will remain queued for the next epoch.

Your Loyalty Level also plays a role in influencing the priority of Withdrawal Requests. Higher Loyalty Levels result in higher priority relative to other Withdrawal Requests with lower (or no) Loyalty Levels, which is beneficial during periods of high withdrawal demand.

You can request to withdraw any amount of your lending balance. Interest is calculated up to the point when your withdrawal is fulfilled at the end of the epoch. Similarly, any End Borrower losses that occur whilst your Withdrawal Request is still queued will also affect your balance (including the amount of Withdrawal Requests that are yet to be fulfilled). Once complete, the withdrawn funds are transferred to your Web3 wallet as USDC.

If your Withdrawal Request has not been fulfilled (Accepted) after 5 Epochs, it will automatically outrank all published Loyalty Levels, elevated to the highest priority (exceeding Loyalty Level 3), regardless of your existing Loyalty Level (even if you do not have a Loyalty Level). Please refer to Loan Withdrawal Requests for further details.

Withdrawal Request Process