Epochs
An epoch is a fixed time window (currently planned as 1 week) during which user activity (deposits, withdrawals, borrowing) is collected, reviewed, and processed together.
At the end of each epoch, the system processes all requests in the following order:
Withdrawals (first come, first served)
Deposits
Borrowing requests (utilizing leftover stablecoins after withdrawals & deposits)
This ensures that liquidity is always available to users exiting the system, and it provides a predictable, consistent cycle for how funds move through the protocol.
💼 How Do Deposits Work?
When you deposit into LSRWA Express, your funds don’t start earning immediately.
Instead, your deposit is queued and processed at the start of the next epoch.
Once processed, the system uses your stablecoins to acquire $LSRWA on your behalf, and rewards begin accumulating.
✅ No staking, claiming, or managing required — it's automated.
💸 How Do Withdrawals Work?
When you submit a withdrawal request, it gets added to the queue and will be processed at the end of the current epoch.
If there’s enough stablecoin liquidity in the pool, your withdrawal is fulfilled immediately.
If not, your request will roll over into the next epoch(s) and be prioritized ahead of new deposits or borrow requests.
Most withdrawals are expected to process in 1–2 epochs, but it may take up to 2–3 epochs in rare cases with high demand or low liquidity.
✅ FIFO (first-in, first-out) order guarantees fairness.
🔄 Example Scenarios
Scenario 1: Smooth Flow
Total pool funds: $25K
Withdrawals requested: $26K
Deposits requested: $10K
Borrow requested: $20K
➡️ $25K in withdrawals processed → $10K in deposits processed → $3K in withdrawals left pending for next epoch.
Scenario 2: Liquidity Crunch
Total pool funds: $5K
Withdrawals requested: $10K
Deposits requested: $3K
➡️ Only $5K processed for withdrawals. The remaining $5K is queued.
The originator must return liquidity or be liquidated, ensuring the protocol can fulfill queued withdrawals in the next 1–2 epochs.
🔐 Is This a Lockup?
Technically, no fixed lockup, but practically:
Deposits become active only at the start of the next epoch
Withdrawals may take 1–3 epochs depending on liquidity
Rewards don’t accrue until your deposit is processed (i.e., epoch begins)
It’s best to think of it as a soft lockup window — short, predictable, and designed for stability.
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