> ## Documentation Index
> Fetch the complete documentation index at: https://docs.momentrates.xyz/llms.txt
> Use this file to discover all available pages before exploring further.

# FAQ

> Quick answers about Moment: TimeBalances, depositing and withdrawing, how yield syncs, Fixed and Leverage risks, maturities, fees and providing liquidity.

## Basics

**What is Moment?**
A way to choose when you earn yield on a yield-bearing coin. See [What is Moment?](https://docs.momentrates.xyz/start/what-is-moment.md)

**What is a TimeBalance?**
Your money drawn as a line over time, from Now to ∞. Every trade changes its shape.

**Is this like Pendle?**
Similar. Fixed is like buying PT and Leverage like buying YT. But your coin is never split into tokens, nothing expires, and you pick any window. See [For traders](https://docs.momentrates.xyz/background/for-traders.md).

**How do I deposit and withdraw?**
There is no separate deposit button. Your tokens come in when you pay with Tokens (like sUSDS) in a trade, or when you add liquidity with sUSDS. Withdraw with [Close](https://docs.momentrates.xyz/use-the-app/close.md) → **Shares**. At face value you can take out up to the lowest point of your line from Now on.

**Why USDS and not sUSDS?**
Amounts are shown in the coin underneath the vault (USDS), not in vault shares (sUSDS).

## Yield

**Do I need to claim yield?**
No. It is added to your line at each sync, automatically.

**Do I lose yield if I don't touch my position?**
No. It waits and lands the next time anything syncs your position.

**Is there a price oracle?**
No. Yield comes from the vault itself and rates come from the market.

## Trading

**When are the dates?**
In the example market: the 2nd and 17th of each month, 08:00 UTC, 8 open at a time.

**Is Fixed guaranteed?**
The rate is locked if you hold to the date. Closing early uses today's rates. Fixed does not protect you if the vault itself loses value, and smart-contract risk still applies. See [Risks and security](https://docs.momentrates.xyz/good-to-know/risks-and-security.md).

**Is my money locked after Fixed?**
Yes, the amount you paid is locked until the date. To get out early, use Close.

**Should I Fix or just hold?**
Fixed wins if the vault averages less than your fixed rate until the date; holding wins if it averages more. See [Fixed or just hold?](https://docs.momentrates.xyz/use-the-app/fixed.md#fixed-or-just-hold)

**Can I withdraw my Leverage exposure?**
No. The extra balance in your window only earns yield for you. See [Leverage or just hold?](https://docs.momentrates.xyz/use-the-app/leverage.md#leverage-or-just-hold)

**Can Leverage be liquidated?**
No. It is prepaid. The most you can lose is what you paid.

**What if part of my trade can't fill?**
Nothing fills. Trades across several periods are all or nothing.

**What happens to my trade at the maturity?**
Nothing expires. Your line just carries on as a plain balance.

**Why is there no red when I pay with Tokens?**
Because nothing comes out of your TimeBalance. The tokens leave your wallet instead.

## Liquidity

**Limit or Recursive?**
Limit is one order at one rate that fills once. Recursive quotes both sides and keeps earning the spread. See [Recursive](https://docs.momentrates.xyz/use-the-app/recursive.md#limit-or-recursive).

**What do I hold after my bid fills?**
The principal side: extra yield exposure over the period before the date (it works like a YT). After an ask fills, you hold the interest side: a fixed amount from the date on (it works like a PT).

**When does a fill reach my TimeBalance?**
At the next sync. Nothing to claim.

**What happens to my liquidity at the maturity?**
The bin stops quoting. An interest side (from a bid or Recursive) becomes plain TimeBalance and keeps earning. A principal side (from an ask or Recursive) ends at the date; you keep the yield it earned.

## Fees and safety

**Is it safe?**
No DeFi protocol is risk-free. See [Risks and security](https://docs.momentrates.xyz/good-to-know/risks-and-security.md) for what can go wrong.

**What are the fees?**
5% of yield (and of vault extras like points), and 0.5% of the rate for traders. Makers pay nothing. See [Fees](https://docs.momentrates.xyz/good-to-know/fees.md).


This documentation is built and hosted on [Mintlify](https://mintlify.com), a developer documentation platform.