Orderly: Vovega will take over the management of OmniVault, with the transfer expected to be completed on April 12.
Foresight News reports that Orderly Network has announced that Vovega will replace Kronos in managing OmniVault. After this transition, OmniVault will maintain its current management authorization and style, continue to operate the full hedging strategy framework, focusing on minimizing net exposure and drawdown, aiming to provide depositors with more stable returns.
This transition is expected to take place on April 12: 13:00 (UTC+8) deposits and withdrawals will be suspended, 16:00 (UTC+8) deposits and withdrawals will resume, and 17:00 (UTC+8) the transition will be officially completed.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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