Finalized
The Finalized phase is the terminal state of a vault. Once a vault is finalized, no further actions can be taken.
How a Vault Gets Finalized
A vault can reach the Finalized state through several paths:
Successful completion
FullyRepaid → Finalized (all funds distributed)
Funding deadline expired
RaisingFunds → Finalized (investors refunded)
Approval deadline expired
AwaitingApproval → Finalized (investors refunded)
What Happens
All funds have been distributed (or refunded in the deadline cases)
No further deposits, payments, claims, or withdrawals are possible
The vault contract remains on-chain as a permanent record of the loan
Finalized vaults serve as an immutable audit trail. All events — deposits, payments, claims, phase transitions — remain queryable on the Stellar ledger.
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