Basics

Lagoon’s core vault code is externally audited — Volta90 uses factory defaults with no custom vault logic. Risks & security.
AI-assisted research + discretionary human execution; mandates and role addresses surface in-app (Vault Details — Roles).

Flows

Deposits are processed asynchronously at each epoch close. For the weekly close schedule (UTC) and why the UTC hour shifts between the two labels across the year, see Epoch & Settlement. After settlement, VLT90 is usually auto-claimed to your wallet via claimSharesOnBehalf — see Automatic claims. Expect about one to seven days from request to credited shares depending on where you are in the cycle.
Withdrawal requests can be submitted at any time, but they are processed at epoch settlement (same weekly window as deposits — see Epoch & Settlement). There is no instant redemption — by design for liquidity discipline. Redemptions usually clear inside settleDeposit when deposit inflow nets them; otherwise via settleRedeem. USDC is then auto-claimed via claimAssetsOnBehalfAutomatic claims.
No protocol minimum.

Economics

Both mgmt (% AUM diluted into NAV/share) and performance (above HWM) read from marked NAV — see Fees.
Perf fee only applies on gains above the vault-global NAV/share hurdle. Volta90 resets HWM every calendar quarter — see Fees → High-water mark.
Usually no — the curator multisig calls claimSharesOnBehalf (deposits) and claimAssetsOnBehalf (redemptions) in the settlement batch. Details and opt-out: Automatic claims.
Nothing tactical — purely economic exposure; governance stays with protocol roles documented under Roles.

Glossary

TermShortcut
NAVVault assets ÷ shares; prices flows and fees
EpochA fixed weekly period ending at the scheduled Monday close, after which pending deposits and withdrawals settle at the closing NAV. See Epoch & Settlement for how that close maps to UTC across the year.
VLT90Lagoon share ERC-20 on Arbitrum
HWMPerf-fee hurdle — reset quarterly — Fees
ERC-7540Async request + settlement pattern wrapping ERC-4626
Epoch CloseThe moment an epoch ends. No new requests are accepted; the manager then updates the NAV to trigger settlement. See Epoch & Settlement for the weekly UTC schedule.