Redeeming & Liquidity
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30-day redemption period for all withdrawals.
When you're ready to exit your position, Sova processes withdrawals through a structured redemption period to ensure orderly liquidity management.
Request
Immediate
Submit withdrawal, rate locked
Processing
30 days
Redemption period
Claim
Immediate
Receive cbBTC + yield
Navigate to the vault section and click "Withdraw".
Specify svBTC amount or use "Max" for full balance.
Review the cbBTC you'll receive and confirm the transaction.
30-day redemption period begins.
Return after 30 days to claim your cbBTC.
Principal
Your original cbBTC deposit
Yield
Accumulated settlement fees (reflected in exchange rate)
Total
cbBTC at the rate when you requested
Redemption Period
30 days
Withdrawal Fee
0%
Minimum Withdrawal
None
Partial Withdrawals
Supported
Cancel Request
Available before completion
The redemption period ensures:
Liquidity Management
Vault maintains sufficient capital for settlements
Yield Continuity
Active capital continues generating fees
Orderly Processing
Prevents liquidity crunches
Rate Protection
Your exchange rate is locked when you submit the request. You're protected from any rate changes during the 30-day period.
Monitor progress in the Sova dashboard:
Pending
Request submitted, period started
Processing
Redemption period in progress
Ready
30 days complete, ready to claim
Completed
cbBTC claimed
You can cancel a pending withdrawal at any time before completion:
svBTC remains in your wallet
No penalties or fees
Submit a new request anytime
Can I withdraw immediately?
No. All withdrawals require a 30-day redemption period.
What if I need liquidity sooner?
svBTC is an ERC-4626 token. You may be able to trade it on secondary markets, though liquidity is not guaranteed.
Do I keep earning yield during the 30 days?
Your svBTC continues to appreciate until the withdrawal is claimed. However, the exchange rate for your withdrawal is locked at the time of request.
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