Coolwater.xyz
  • Introducing Coolwater.xyz
    • Overview of Thaw Digital and Coolwater
    • Overview of Blur.io and Blend
    • Relevant Links
  • Blender Strategy
    • The Blend Lending Process
    • Advantages of Aggregating ETH to lend on Blend
    • Trust-Minimized Pooling on Blend
    • Coolwater and Lead Strategists
  • Functional Overview
    • High-Level Platform Overview
    • Investment periods: Epochs
    • Deposit Flow
    • Withdrawal Flow
    • Accruing Blur Points
  • Security
    • Wallet Security
    • Fireblocks
    • Blend Smart Contracts
    • Privacy Protection and Data Handling
  • FAQ
  • Resources and References
    • External Resources
    • Glossary of Terms
  • Lead Strategist Documentation
    • Blender Strategy by Homerfan33
      • Epoch Timing
      • Deposits and Withdrawals
      • Early Withdrawals
      • Royalties
      • End of Season 2
      • Homerfan33 Bio
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  1. Functional Overview

Withdrawal Flow

Depositors can withdraw funds by submitting withdrawal requests through the dApp. Depending on the Strategy, there may be a cutoff time at which withdrawal requests need to be made to be eligible for processing before the start of the next epoch. All withdrawal requests made within the cutoff time window will be processed and Senior Depositors will receive their funds back in the wallet they originally deposited from.

Note: if there are any capital losses from the Strategy, Lead Strategists take the first capital loss and withdrawals to Depositors are still processed. If losses ever exceed Lead Strategists’ balance contributions, then funds deployment will be halted to ensure Depositors can recover their principal as best as possible.

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Last updated 1 year ago