> For the complete documentation index, see [llms.txt](https://docs.ledgity.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.ledgity.finance/overview/liquidity-and-redemption-policy.md).

# Liquidity & Redemption Policy

Ledgity.finance is structured to provide **instant liquidity under normal conditions**, supported by short duration exposures and an internal liquidity buffer.

#### 1. Standard Redemptions

Standard redemptions are expected to be processed within the product’s usual settlement timeline, according to available liquidity and operational flows.

{% columns %}
{% column %}
**Product**

lyEUR

lyUSD
{% endcolumn %}

{% column %}
**Redemption** 

Instant

Instant
{% endcolumn %}
{% endcolumns %}

#### 2. Large Redemptions / Stress Scenarios

If redemption requests exceed a defined proportion of AUM (e.g., **>20%**), settlement may require additional time (e.g., **1–4 weeks**) depending on available liquidity and the liquidation cycle of underlying exposures.


---

# Agent Instructions
This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com.

## Querying This Documentation
If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://docs.ledgity.finance/overview/liquidity-and-redemption-policy.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.