Withdrawals
Lear more about how to withdraw loan principal from Managed DeFi Yield Vault
Last updated
Lear more about how to withdraw loan principal from Managed DeFi Yield Vault
Last updated
Making a withdrawal request in the Managed DeFi Yield Vault is a simple process.
Select the blockchain network you want to access the vault on
Connect your whitelisted wallet to the OpenTrade app
Select the Managed DeFi Yield Vault
Click "Withdraw"
Input the amount you'd like to withdraw
Click "Submit Withdrawal Request"
Approve in your wallet
After the Withdrawal Processing Time, USDC will automatically be sent back to your wallet and the corresponding amount of tokens will be burned.
The Withdrawal Processing Time is the number of business days before a withdrawal will be repaid into your wallet.
The Withdrawal Cut-Off Time is the time in UTC before which withdrawal requests must be made to be considered same day. For withdrawals requests made before the cut-off time, they will be considered same day requests. For withdrawal requests made after the cut-off of time, they will be considered to have been made the next business day.
For withdrawal requests made on Non-Business Days (e.g. weekends and bank holidays), they will be considered to have been made on the next business day.