The settlement occurs on 07:00 UTC each day. This is when the interest rates of the tokens of that day are calculated, prices for underlying assets are fixed, and savings are created or matured. All fund transfers between customer wallet and the cold wallet that securely stores customer funds happens at this time as well.
The timer on the homepage is a countdown to the next settlement time of 07:00 UTC. It will automatically restart and count down the next 24 hours.
Customer deposits to customer wallet at POKKET can happen anytime, while transfers between customer wallets and the cold wallet that stores customer savings happen at 07:00 UTC settlement time.
Customer withdrawals from the customer wallet at POKKET can be requested anytime, but is executed 3 times a day during weekdays at 02:00 UTC, 07:00 UTC, and 07:30 UTC; and twice a day during weekends at 07:00 UTC and 07:30 UTC. This is because every withdrawal is audited in person by at least two POKKET employees prior to processing.
You may cancel your pending new savings before the next settlement time at 07:00 UTC, but once it is created, the funds are locked until maturity.