One of the defining, and hardest to achieve, features of Morpho Vaults is that they are noncustodial by design.
A curator cannot increase a vault’s risk profile without first going through a timelock. During that window, users can always exit, either through a standard withdrawal or by redeeming their shares for the vault’s underlying market positions: an in-kind redemption.
Today, we’re making this protection easier to access with a simple in-kind redemption flow in the Morpho App.