FAQ
Short answers — deep dives live under Fees, Mint & redeem, and Trust.
Basics
Who can deposit?
Invite-only. Follow Access & first deposit.
Is the stack audited?
Lagoon’s core vault code is externally audited — Volta90 uses factory defaults with no custom vault logic. Risks & security.
Who runs strategy?
AI-assisted research + discretionary human execution; mandates and role addresses surface in-app (Vault Details — Roles).
Flows
How long until my deposit settles?
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 submitting, you'll receive your VLT90 shares at the next settlement; expect about one to seven days depending on where you are in the cycle.
Can I exit anytime?
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.
Minimum ticket?
No protocol minimum.
Economics
Fees on unrealized gains?
Both mgmt (% AUM diluted into NAV/share) and performance (above HWM) read from marked NAV — see Fees.
What is the high-water mark?
Perf fee only applies above the vault-global NAV/share peak once new capital catches up — nuances in Fees.
What do VLT90 holders vote on?
Nothing tactical — purely economic exposure; governance stays with protocol roles documented under Roles.
Glossary
| Term | Shortcut |
|---|---|
| NAV | Vault assets ÷ shares; prices flows and fees |
| Epoch | A 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. |
| VLT90 | Lagoon share ERC-20 on Arbitrum |
| HWM | Perf-fee hurdle — vault-global today — Fees |
| ERC-7540 | Async request + settlement pattern wrapping ERC-4626 |
| Epoch Close | The 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. |