Settlement & claims
What changes on-chain, and what you need to do next.
01RequestYou submit
02SettlementOperator processes
03ClaimYou receive
Settlement
The operator values the portfolio, updates the vault’s reported net asset value (NAV) on-chain and settles deposit and redemption requests. This makes the settled requests claimable.
You still need to submit a separate claim transaction to receive shares or USDC. Keep ETH on Base available for transaction fees.
Read Activity correctly
| Entry | Meaning |
|---|---|
| Settlement | A confirmed on-chain settlement. The value shown is settled NAV. |
| Portfolio valuation | A published portfolio estimate. It does not settle requests or update on-chain NAV. |
Both can refresh the displayed portfolio composition. Chart points are collected from successfully processed settlement notifications; chart history may have gaps.
No fixed settlement schedule
Check the app for your request’s current state. A published portfolio valuation alone does not make your request claimable.