> For the complete documentation index, see [llms.txt](https://docs.3jane.xyz/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.3jane.xyz/levered-callable-capital-lcc/mechanism/epoch-clock.md).

# Epoch Clock

Every LCC facility runs on a fixed-length epoch. Phase boundaries are functions of the timestamp only; no keeper advances state. Day ranges below show the launch schedule of a 21-day epoch.

```mermaid
flowchart LR
    A["Normal, days 0 to 6<br/>stakes activate"] --> B["PreCall, days 6 to 8<br/>3Jane may open one call"]
    B --> C["Funding, days 8 to 17<br/>stakers fund in USDC"]
    C --> D["Closed, days 17 to 21<br/>slash and auction"]
    D --> A
    classDef box fill:#ffffff,stroke:#0D28F5,color:#1a1a1a;
    class A,B,C,D box;
```

| Phase       | Allowed actions                                       |
| ----------- | ----------------------------------------------------- |
| **Normal**  | New stakes activate; no call can open                 |
| **PreCall** | 3Jane may open at most one capital call for the epoch |
| **Funding** | Called stakers fund their obligations in USDC         |
| **Closed**  | Slash finalizes; the shortfall auction runs           |

* Phase durations are per-facility terms. At launch: 21-day epochs with a 2-day call decisioning window, a 9-day funding window, and a 4-day auction window. See [Facility Parameters](/levered-callable-capital-lcc/parameters.md).
* If no call opens during PreCall, the epoch completes with no obligations.

<figure><img src="https://1227041587-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fv9UjcBMDpKGLDqrTs6IF%2Fuploads%2Fgit-blob-73393738b2c45de729e574be99733aa07ba4bf35%2Flcc-position-timeline.png?alt=media" alt="Timeline of one staker position across four 21-day epochs: promise active from day 0, a call funded on day 35 inside the epoch 1 funding window, the 35-day cooldown running to day 70, and an unstake requested day 40 exiting at the epoch 3 boundary"><figcaption><p>One position through four epochs at launch terms. The clocks run independently: the epoch grid, the funding window, the 35-day cooldown, and the unstake delay.</p></figcaption></figure>

{% hint style="info" %}
Capital calls are announced in the app and in the 3Jane Telegram channel: [t.me/jane\_lcc](https://t.me/jane_lcc).
{% endhint %}

### Facility end states

| State           | Trigger                                   | Effect                                                                                                                   |
| --------------- | ----------------------------------------- | ------------------------------------------------------------------------------------------------------------------------ |
| **End of term** | The facility's last callable epoch passes | Withdraw-only: no new stakes, calls, or unstake requests; stakers claim remaining margin directly                        |
| **Shutdown**    | 3Jane shuts the facility down             | Same direct claim path. A shutdown before an open call's funding deadline disables slashing for that call                |
| **Paused**      | Circuit breaker, no time bound            | All activity freezes; every deadline shifts by the paused duration, so no one is slashed for time elapsed during a pause |