Your request is priced at submission
- A deposit is pinned to the tranche shares it would have minted at request time. If the share price falls during the delay, the extra shares your assets would now buy are forfeited to the protocol.
- A redemption is pinned to the value its shares were worth at request time. If that value rises or yield accrues during the delay, the increase is forfeited to the protocol.
Oracle Gate
- Deployers can optionally enable the oracle gate; executing a deposit or redemption request only after the collateral asset’s oracle posts a new price update. This prevents someone from submitting a deposit just before a scheduled NAV update to capture yield from a period they did not hold through.
Expiry and cancellation
- Every request has an execution window. Once it elapses, the request can no longer be executed and may only be cancelled.
- You can cancel a pending request at any time and reclaim your escrowed assets or shares.
- Requests can also be filled partially. If a market can only serve part of your request right now, the rest stays queued at its original request-time price and can be filled as capacity frees up.
This document is provided for informational purposes only and does not constitute investment advice, a solicitation, or an offer to sell any securities or financial instruments. Participation in Royco products involves risk, including the potential loss of all capital deployed. Prospective participants should conduct their own independent due diligence and consult with qualified legal, financial, and tax advisors before making any investment decisions.
