ME News reports that on April 10 (UTC+8), Orderly Network announced that Vovega will succeed Kronos in managing OmniVault. Following this transition, OmniVault will maintain its existing governance structure and style, continuing to operate under its full hedging strategy framework with a focus on minimizing net exposure and drawdowns to deliver more stable returns to depositors. The transition is scheduled for April 12: deposits and withdrawals will be paused at 13:00, resumed at 16:00, and officially completed at 17:00. (Source: Foresight News)
Orderly: Vovega to Assume OmniVault Management on April 12
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Summary
On April 10 (UTC+8), Orderly Network announced that Vovega will assume management of OmniVault from Kronos. The transition is scheduled for April 12, with deposits and withdrawals paused from 13:00 to 16:00, and fully resumed by 17:00. OmniVault will continue its fully hedged strategy, leveraging on-chain trading signals to minimize exposure and drawdowns. The platform is designed to deliver stable returns by optimizing the risk-to-reward ratio for depositors.
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