How to Withdraw
This guide explains how to withdraw your USDC from the Dawn Vault.
How Withdrawal Works
When you withdraw:
You burn your LP tokens
You receive USDC proportional to the current share price
Share price includes all accumulated yield (auto-compounded)
Your withdrawal amount = LP tokens × current share price
If the vault has performed well, you will receive more USDC than you originally deposited.
Step-by-Step Guide
1. Navigate to the Vault
Connect your wallet to the Dawn Vault web app
Go to the USDC Vault page
Your current position is displayed (LP tokens held, current value)
2. Initiate Withdrawal
Click "Withdraw"
Enter the amount of LP tokens to redeem (or click "Max" for full withdrawal)
Review the withdrawal summary:
LP tokens to burn
USDC to receive (after fees)
Redemption fee (0.1%)
3. Confirm Transaction
Click "Confirm Withdrawal"
Approve the transaction in your wallet
Wait for transaction confirmation
USDC appears in your wallet
Fees
Redemption Fee
0.1%
Discourages short-term arbitrage and sandwich attacks
Processing Time
Standard withdrawals: Processed immediately on-chain
Large withdrawals: May require position unwinding, which could take additional time if significant capital is in active strategies
Partial vs. Full Withdrawal
Partial: Withdraw any portion of your LP tokens
Full: Withdraw all LP tokens to completely exit the vault
Important Notes
There is no lock-up period — withdraw anytime
Yield is reflected in the share price, so there is no separate "claim" step
The 0.1% redemption fee is deducted from the withdrawal amount
If the vault share price has increased since your deposit, you will receive more USDC than you deposited (yield is auto-compounded)
Performance fees are already deducted from the share price — what you see is what you get
Last updated