Exit and wind-down
End participation while accounting for the obligations left behind.
Exit is an obligation process
A Business Validator cannot discharge an asset book merely by disconnecting its wallet. Voluntary exit starts a notice period and blocks new business. Existing responsibilities continue while the protocol processes the portfolio.
Notice rules depend on the role. Insurance exit also considers the remaining policy term. A notice deadline is not a promise that every stake position becomes withdrawable on that date.
Tokenization and scoring
When TV service ends, assets can require fresh attestation from another eligible TV. SV service can lapse or be replaced. The token contracts do not disappear because a service provider exits.
The protocol distinguishes a service portfolio from a liability portfolio. An asset becoming stale or orphaned does not automatically remove its notional from the collateral requirement. Unresolved liabilities can remain through maturity, and stake requirements fall as the relevant obligations are actually released.
Insurance book transfer
The IV reassignment process offers an existing policy book to eligible replacement insurers. It uses commit-reveal bidding, then checks whether a bid is financially feasible and the bidder can absorb the book. The lowest feasible premium is preferred; a failed candidate can fall through to another eligible bidder.
Policy processing and economic finalization can take multiple transactions. An auction being settled does not mean that every policy has already moved. Live claims must be handled against the applicable policy ownership during the transition.
If no feasible replacement is found, policies can be cancelled and recovery claims recorded through the NDT/DRF interfaces. That is a loss of coverage, not guaranteed replacement insurance. See the recovery limits.
Forced exit
Severe insurance failures, upheld fraud, repeated offences, or authorized governance action can start forced wind-down without the ordinary voluntary notice. Enforcement and portfolio resolution still have separate states and consequences.
Plan the exit before onboarding
Long-lived assets can leave long-lived collateral obligations. Before accepting an asset, identify who can replace your service, how outstanding claims will be handled, and what releases its notional from the requirement. Check both BVID status and the remaining liability portfolio; neither a finished notice period nor an empty service list is sufficient on its own.