Withdrawals and exits
Exit conditions are stated in advance
Where a pool's structure permits contributors to withdraw or exit, the conditions are stated in advance in the applicable rules: what can be requested, when, and under which liquidity conditions. They are not improvised after the fact and not granted as individual favours.
Liquidity is the constraint
A maturity date does not guarantee that cash is available. Each instrument's obligations, liquidity planning, withdrawal rights and default remedies need to be established before funds are accepted. Software cannot erase a repayment obligation simply because available cash is low. This website offers no withdrawal or savings service.
The structure decides
Different instruments require different exit treatment:
- Institutional financing: agreement-specific maturity, termination, repayment and loss exposure.
- Member shares, permitted savings and member financing: separately classified rights and obligations, not one common lock period.
- Guarantees or donations: conditions and enforceability, not an invented withdrawable balance.
- Employer exit: membership, loans, funding claims and complaint rights persist unless changed through their own lawful processes.
Where the detail lives
Exit mechanics, notice periods and liquidity handling must be defined in each program's adopted rules before it opens. They remain unpublished while the first program is being prepared. This article states the principles, not an available withdrawal service. See Rules and implementation status.
Current state
No pool is operating and there is no withdrawal process to use yet. The behaviour described here is part of the intended model, exercised so far only in testing.