> For the complete documentation index, see [llms.txt](https://docs.rfy.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.rfy.finance/resources/faq.md).

# FAQ

<details>

<summary>Can I exit mid-epoch?</summary>

Yes if a paired pool exists. Check pool TVL and spread before trading. Redemption windows provide direct settlement options.

</details>

<details>

<summary>Will receipts always be pegged 1:1?</summary>

Receipts are initially issued at a 1:1 peg. However, their net asset value (NAV) may fluctuate over time as the assets per share adjust in response to yield earned and realized PnL.

</details>

<details>

<summary>What if a strategy loses money?</summary>

Net losses reduce `totalAssets()` and receipt NAV proportionally. Performance fee is only applied on positive returns.

</details>

<details>

<summary>Who runs the strategies?</summary>

Only vetted institutional strategist can quote and execute proposed strategies offchain.&#x20;

</details>

<details>

<summary>Where is my collateral held?</summary>

Collateral is held onchain and deployed into curated low risk yield delta neutral yield farm, collateral may also be used to settle the offchain positions.

</details>

<details>

<summary>How do RFY Points work?</summary>

Points accrue during deposit periods according to the vault multiplier, see [details](/rewards/points.md). Points convert to RFY tokens at TGE.

</details>

<details>

<summary>What are vault caps?</summary>

Total cap vary per vault. These are displayed on the vault detail page prior to deposit.

</details>

<details>

<summary>What assets can I deposit?</summary>

Supported assets are listed in the vault details.

</details>

<details>

<summary>Are receipts cross-chain?</summary>

Receipts are minted on Injective. Collateral may be utilized where farming opportunities lie.

</details>


---

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