Depositors
Depositor FAQ
Common questions about deposits, withdrawals, loss scenarios, claims, and governance.
Deposits
How do I participate?
Deposit USDC to mint RISKUSDC (1:1), then optionally stake RISKUSDC into an atRISKUSDC vault to access exchange-rate appreciation from trading operations. Each vault is tied to a market and alpha-generating process. RISKUSDC redemption is a single immediate transaction when checks pass; unstaking atRISKUSDC has a 7-day cooldown.
Does deposit size change terms?
The deposit mechanism is the same for all sizes — deposit USDC, receive RISKUSDC at 1:1. Participants who commit larger deposits for extended periods may receive enhanced FORAGE airdrop allocations. Contact contact@openforage.ai to discuss.
Withdrawals
How long does it take to fully exit?
Approximately 7 days plus the RISKUSDC redemption transaction: a 7-day cooldown to unstake atRISKUSDC, then a single immediate RISKUSDCVault.redeem(uint256) transaction when checks pass. If you are in a locked tier, you must also wait for your lock-up to expire first.
Can I exit before a governance change takes effect?
Yes, under normal conditions. Governance proposals take approximately 13 days (5-day voting plus 8-day timelock). The standard exit takes approximately 7 days plus the RISKUSDC redemption transaction when checks pass. The RISKUSDC amount is locked at the exchange rate when you request withdrawal.
Can my withdrawal be blocked?
atRISKUSDC withdrawal execution cannot be blocked even if the protocol is paused. RISKUSDC redemption is separate and may revert or be blocked by the weekly cap, vault liquidity, reserve-ratio checks, unresolved loss or loss-pending conditions, blocklist status, or pause conditions.
Losses
What happens if the protocol loses money?
The atRISKUSDC exchange rate decreases. Your shares become worth less RISKUSDC. There is no automatic loss buffer. However, the governance treasury may vote to voluntarily absorb losses on behalf of vault participants.
Can I lose money holding RISKUSDC (without staking)?
No. Holding RISKUSDC without staking into atRISKUSDC does not expose you to trading losses. Only atRISKUSDC vault participants bear trading risk through the exchange rate.
FORAGE Airdrops
Do unclaimed airdrops expire?
Yes. The current default claim window is 180 days from round publication. After the claim window expires, unclaimed amounts may be swept by governance.
Do I need FORAGE to earn yield?
No. FORAGE is a governance token with zero yield. To earn yield, you need atRISKUSDC (not FORAGE).
Governance
Can payout rules change after launch?
Yes. All protocol parameters are governance-configurable. Changes require a ForageGovernor proposal (1% minimum to propose), approximately 5-day voting with 4% quorum, and an 8-day timelock delay. All queued changes are visible on-chain.
Can distributions be delayed by the treasury?
Once realized PnL is deposited, the split happens automatically in a single atomic transaction. PnL deposit timing is operationally determined; after deposit, no party can selectively delay or withhold any portion.