Redeeming BTC
How it works
Use the Redeem tab on vault.vishwalab.com.
Your BTCvp is returned and burned.
Native BTC is settled from custody to your designated Bitcoin wallet.
Timing
Redemptions are subject to a T+7 notice period. Once the notice period has passed, native BTC is settled from custody to your designated Bitcoin wallet; larger requests may take longer to allow orderly settlement and liquidity management.
Why your redeemed BTC may differ from your deposit
BTCvp accumulates BTC-denominated yield through the vault's strategies. Yield is reflected in the redemption value (NAV), not in your token balance - so each BTCvp may redeem for more BTC than at mint if the vault has generated positive returns. Redemption value can also reflect negative performance; returns are not guaranteed.
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