During the bootstrapping phase, withdrawals are processed in 1-3 working days. As safeguards taper, withdrawals will be processed in real-time. A withdrawal closes both spot and perp legs and incurs HL trading, spread, and potential slippage costs. Safe unwinds depend on orderbook liquidity and volatility; aggressive exits can incur execution costs that eat into yield, hence the staged approach.
The vault mandate is to maximize yield for depositors. Users always maintain the right to withdraw their capital and have direct flow through to strategy deposits.