Collateral custody
When you deposit positions as collateral, the protocol holds those ERC1155 tokens in the on-chain core contract. You can withdraw them as long as your account remains healthy. This is fully non-custodial — no one, including the Varla team, can access, freeze, or redirect your funds. All custody rules are enforced purely by on-chain smart contracts:- You can withdraw whenever on-chain health checks allow
- No off-chain operator can freeze your withdrawals
- The team has no “admin key” to move user funds