How to Withdraw
NDLP Burn → USDC Redemption
Users can redeem NDLP tokens to claim USDC. The burn amount determines the proportional share of the vault:
Redemption USDC = NDLP Amount × Current Conversion Rate
24-Hour Cooldown
After initiating a withdrawal, the USDC is locked for a 1-day cooldown period. During this time, the amount is deducted from Total Credited USDC, and the funds are earmarked, and the AI Agent is notified to recall liquidity if needed.
Claiming After Cooldown
Once 24 hours pass, the user must trigger a claim transaction to receive their USDC. If the funds are not claimed, they remain in a pending state until claimed.
Edge Cases
Failed Redemption: If the AI Agent fails to return sufficient USDC, the claim will remain pending until liquidity is available.
Cooldown Expiry: Cooldown does not expire, but the user must claim manually; automatic payout is not currently supported.
Multiple Withdrawals: A user cannot initiate another withdrawal until the previous one is claimed or cancelled.
Last updated