# Limbo Vault

The Limbo Vault is a staging area between your wallet and the fund treasury. It holds your deposit while the fund decides whether to accept you as a member.

### How it works

When you submit a request to join a fund, your USDC transfers from your wallet to that fund's Limbo Vault. The fund has up to 96 hours to act on your request.

**Accepted** - Your USDC moves from the Limbo Vault to the fund treasury. You are minted a membership NFT and SHARES tokens proportional to your deposit.

**Denied** - Your USDC is returned to your wallet automatically. Gas for the refund is covered by the Rayze Janus Vault so you are not charged for a failed request.

**No response within 96 hours** - Your deposit is returned automatically.

### What the Limbo Vault is not

The Limbo Vault is not a pool. Your deposit is isolated to the specific fund you requested to join. It is not mixed with other contributors' deposits or accessible by the fund's Admins. No one can use your capital while it sits in staging.

The Limbo Vault is a smart contract. Deposits and refunds are handled programmatically, not manually.

### Why it exists

The Limbo Vault gives fund Admins time to review membership requests without requiring your capital to sit in an unstructured state. It creates a defined window with a guaranteed outcome - you are either admitted or refunded. Nothing else.


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