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.

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.

• If no call opens during PreCall, the epoch completes with no obligations.

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.

Capital calls are announced in the app and in the 3Jane Telegram channel: t.me/jane_lcc.

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