# Timelock Vault

Tokens deposited in this vault do not have any burns but there is a delay of 7 days when withdrawing.

The withdrawal process works like this:

1. After depositing, you can initiate a withdrawal at any time
2. When you initiate a withdrawal, you must specify the withdrawal amount
3. 7 days after initiating a withdrawal, you will have 48 hours to finalise the withdrawal
4. If the 48 hours passes and the tokens are not withdrawn, then the tokens will automatically be re-locked
5. You can re-initiate a withdrawal at any time as required

The vault can be accessed through the [XVIX Dashboard](https://xvix.finance/dashboard).

**Useful Links**

1. [Timelock Vault Contract](https://etherscan.io/token/0x82147C5A7E850eA4E28155DF107F2590fD4ba327)
2. [Timelock Vault Contract (Old)](https://etherscan.io/address/0x77409f913e3d5a6a878e42b858525aad688e7ed1)
3. [Timelock Vault Source Code](https://github.com/xvi10/xvix-contracts)

