Taking your money out
Three ways, from most common to most extreme:
- Ordinary withdrawal (cash). Request any amount; it settles at the next market window at real execution prices. This is what you'll use 99% of the time.
- Withdrawal while a basket is paused. Sometimes a basket pauses: a stock's market data goes offline during a corporate action, for example. Cash withdrawals queue until data resumes. If you don't want to wait, option 3 is always open.
- The stocks themselves (in-kind redemption). At any moment, in any condition (paused basket, dead website, vanished strategist, frozen price feeds), you can redeem your share as the underlying stock tokens, sent directly to your wallet. This needs no price feed and no permission. It is the mechanism behind the sentence "your exit is guaranteed by code."
One caveat we show in the app: for small balances, the individual stock portions may be too small to sell conveniently elsewhere. In-kind is the exit of last resort, not the everyday path.
What if Velor disappears? The vaults keep running; they live on the blockchain, not on our servers. Your in-kind redemption works by talking to the vault directly (we publish a simple guide and a standalone tool for exactly this scenario). Money you can only access through one company's website isn't really yours; we built Velor so that sentence can't describe you.