takeabreath

Dear Community, As many of you know, the winding-down process is progressing well, and we'd like to share an update. We currently have approximately USD 1 million in assets remaining to unwind from the vault's strategies, and we expect this process to be completed on or before 23 July 2026. Our onboarding with the OTC desk is also nearing completion. Once finalized, we aim to begin processing full redemptions on or before 31 July 2026. When redemptions go live, the process will be simple and familiar, you will just need to visit the dashboard and submit your claim, just as you have done previously. For anyone holding AVLT within Morpho, these redemptions will also allow those positions to unwind. To add some clarity on the Proof of Reserves dashboard, here is what each position represents: Altura Bank Account: funds already returned from the unwind, held in cash and to be converted to USDT for redemptions. OKX: capital from the delta-neutral strategies, market making and funding rate positions. Sitting fully in stablecoins, liquid, and under Altura's control. Inessa: the RWA portion still to return through the unwind. This is the part the ongoing transfers are steadily bringing back. Cobo: assets held on-chain in institutional-grade custody, in stablecoins and liquid. Ethereum: the remaining portion of the mF-ONE position, held on Ethereum. Morpho: Altura's own treasury position lent into Morpho against mF-ONE, liquid once redemptions begin. The Proof of Reserves dashboard stays live and updates in real time: app.altura.trade/proof-of-re… As always, official updates come only from @alturax. Thank you.