# Vault Pool

**Lock-up period**

* After the LP deposits the corresponding amount of Token in the Vault Pool, the corresponding amount of deposited assets enters the closed period. During the closed period, Vault Pool does not accept LP's request to redeem the corresponding shares\\

* The Lock-up period is a fixed closed period for all pools on the platform. Calculated in natural months, if the closed period is set to 3 months (for example, the period from November 1st to February 1st is the closed period\\

* Normal calculation of profit and loss during the closed period\\

* The day when the closed period ends is the fixed withdrawal day (for example, the closed period is from November 1st to February 1st, and the fixed withdrawal day is separated from the settlement date. February 1st is the fixed withdrawal day, January 29, January 30. The settlement period is three days on January 31), LP can redeem the corresponding amount of Token + profit and loss; the unredeemed LP principal + profit will automatically enter the next period\\

* After the withdrawal of the Vault Pool LP is successful, the GP quota will be emptied and the quota will be redistributed after the withdrawal day ends.\\

* Halfway GP can be balanced according to the pool, and the quantity cannot exceed the excess tokens\\

* Settlement to close the position by the pool

![Deposit](https://829757968-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-Mdzk3EzQw-eT63KMQMf-887967055%2Fuploads%2FsSMTIExBApLc2RPGPGTZ%2Fimage.png?alt=media\&token=5a727f8a-a860-4033-ad58-ef7dfb0f0c69)

*Lock-up period*

*LP is restricted to redeem shares during the lock-up period.*

*The lock-up period is intended to give the GP time to exit investments that may be illiquid or otherwise unbalance their portfolio of investments too rapidly, giving the GP time to exit investments without driving prices against their overall portfolio.*

*Settlement period*

*Settlement period helps maintain an orderly market,final liquidation and rebalance liquidity calculations.*

*Redemption period*

*During the redemption period, the LP can redeem its shares, and the redemption amount is determined by the final settlement result.*

*Unredeemed shares during the redemption period will be automatically deposited into the next period*\\

**LP deposit calculation rules**

* After LP is deposited in Token, the profit and loss of LP share assets are calculated in real time according to the total floating p/l of the pool

![](https://829757968-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-Mdzk3EzQw-eT63KMQMf-887967055%2Fuploads%2FoqDXgGQjSCVPrOxLSB1t%2Fimage.png?alt=media\&token=8eb9648b-e537-4f16-87b8-83976af26d74)
