> For the complete documentation index, see [llms.txt](https://degenprime.gitbook.io/degenprime/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://degenprime.gitbook.io/degenprime/security/24-hour-time-locked-withdrawal.md).

# 24-hour Time-Locked Withdrawal

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Protects loan repayments
{% endhint %}

Safe to say that the 24-hour time-locked withdrawal is the harshest security feature on DegenPrime.&#x20;

Before any funds leave DegenPrime, from the [Savings](/degenprime/diamond-hands/hodl.md) as well as the [Degen Account](/degenprime/degen-account/the-degen-account.md), everything will go through a 24-hour time-locked withdrawal. After the 24-hour window has passed, you will have 48 hours to execute the withdrawal. It works hand-in-hand with all other security features and cements DegenPrime as a fort.&#x20;

DegenPrime remains a fully permissionless protocol without credit-checks. Any user can come in, deposit, borrow, trade, and take their well-earned profits; that's just honest work. For all upstanding users, the withdrawal queue is just there.&#x20;

The huge benefit of the time-locked withdrawal is that it allows 24 hours for the protocol to respond in case of any potential malicious activity. In combination with the real-time monitoring of our security partner [Hexagate](/degenprime/security/third-party-security-partners.md#hexagate), the time-locked withdrawal prevents any malicious withdrawal of funds from the protocol.

### How it works

For [Diamond Hands](/degenprime/diamond-hands/hodl.md), the process is simple and they can withdraw their capital since they don't have any debt.&#x20;

For [Degenerates](/degenprime/protocol/double-ds/degenerates.md), the simplified version is:

* **Initiate the withdrawal.** At this stage, debt does not have to be covered and you can use your Degen Account however you wish during this period.
* **Wait 24 hours.** Still, you can perform all actions in your Degen Account. The withdrawal queue will show a notification if borrowed funds are not matched by your balance.
* **Execute withdrawal.** This is when Degenerates have to have enough capital to match their debt - before and after the withdrawal.

With any transaction, the [Solvency Check ](/degenprime/security/solvency-checks.md)will be performed to protect the ability to repay loans. For a more detailed version of the time-locked withdrawal, visit the [Take Profits](/degenprime/take-profits.md) page.
