Deposits, withdrawals and fees
The delta-neutral vault accepts USDC on the Arbitrum network. Deposits are converted into vault shares, which represent your position and are used to calculate your withdrawal value.
Deposits
Connect your wallet to the Scrub Money app, select the delta-neutral vault and deposit USDC held on the Arbitrum network. A $1 fee is deducted from your deposit in the same transaction.
Your deposit becomes active when it converts into vault shares. Daily return credits begin at that point, with no additional transaction or manual claim required. While conversion is pending, the deposit has not yet started earning.
The app displays the minimum deposit and the maximum number of pending deposits allowed per wallet.
Your share value
Vault shares record your participation in the strategy. Returns are credited daily and auto-compounded, reinvesting earnings to grow your position over time.
Your withdrawal value is calculated from the number of shares redeemed and the share price when payment is processed.
Withdrawals
Submit a withdrawal request through the app. The shares included in your request are locked and stop earning daily return credits as soon as the request is submitted. The withdrawal becomes eligible for processing seven days after the request.
The remaining processing time depends on closing any required positions and transferring funds from the exchange. Your payout is sent once these steps are complete.
Your payout is calculated using the share price at the time of payment. A $1 fee is deducted from your withdrawal when the payout is processed. The gross withdrawal value must exceed $1 to cover that fee. If this affects your request, contact support.
Fees
The delta-neutral vault charges $1 per deposit and $1 per withdrawal, with no performance or annual management fee.
| Fee | Amount | When it is charged |
|---|---|---|
| Deposit | $1 | Deducted from your deposit in the deposit transaction |
| Withdrawal | $1 | Deducted from your withdrawal when the payout is processed |
| Performance fee | None | — |
| Annual management fee | None | — |
Your wallet pays network gas for its own deposit and withdrawal transactions.
Scrub Money reserves the right to change the terms and fees applicable to its vaults at any time.