WHY THIS EXISTS
Traditional leverage punishes exits. Spot demands full capital up front. BitLease LTO is built so you can always move to the next chapter: walk away within your non-recourse cap, buy out when the asset has worked in your favor, or finish the plan, without hidden lockups for voluntary closures described in your contract.
EARLY EXIT
STOP ON YOUR TERMS
Close the contract when you decide not to continue. Your exposure stays within the non-recourse structure you accepted at signing, no personal recourse beyond the contract economics described in your agreement.
BUYOUT
ECONOMIC VALUE SETTLEMENT
Use EVS to recognize the asset at the Platform Reference Price, clear the Total Obligation plus disclosed fees, and receive any surplus. If the asset has not kept pace, non-recourse limits apply, you do not owe an uncapped shortfall.
VOLUNTARY EXITS ARE FEATURES OF THE CONTRACT, NOT EXCEPTIONS.
TWO EVS MODES
EVS is how BitLease settles economics at exit: the leased asset is marked at the Platform Reference Price, obligations are applied, and the residual follows the contract, surplus to you, shortfall absorbed within the non-recourse and HyperHedge™ design.
EVS VIA STABLECOIN
PAY THE OBLIGATION DIRECTLY
Settle the remaining balance from your wallet using stablecoins where offered. Ownership and transfer timing follow your Contract Summary and platform workflow.
EVS VIA ASSET
LET VALUE CLEAR THE BALANCE
Liquidate only what is required to cover the Total Obligation and fees, or the full position if that is the selected path. If the asset outperforms what you owe, the surplus is returned, documented on your settlement statement.
EVS RECOGNIZES THE ASSET, NOT JUST YOUR INSTALLMENT SCHEDULE.
TRANSPARENT FLOW
Buyout follows the same disclosure logic you see in BitLease terms: initiate, value, deduct, settle, document. No surprise fees beyond what was listed when you executed.
You initiate Buyout
You request Buyout through the platform. It is a contractual right, not a discretionary exception, available while your LTO contract is active.
Asset valued at Platform Reference Price
The leased asset is marked at the prevailing Platform Reference Price (live market price plus the execution spread disclosed in your Contract Summary).
Obligations and fees deducted
Remaining principal, any overdue installments and accrued penalties (if applicable), and the disclosed Buyout execution fee are applied in the order defined in your terms.
Surplus or non-recourse outcome
If asset value exceeds total obligations and fees, surplus value is credited to your wallet as free stablecoin assets. If value is lower, your loss is bounded by what you have already paid, no negative balance.
Settlement statement
You receive a Buyout Settlement Statement on the timeline stated in your agreement so every line item is documented.
EVERY STEP IS DEFINED UP FRONT, NOT REWRITTEN AT EXIT.
PICK YOUR PATH
Early Exit, Buyout, and Full Settlement share the same philosophical frame: you stay inside a contract that was written for clarity. The difference is which lever you pull and what economics you want to realize at that moment.
Comparison of Early Exit, Buyout, and Full Settlement across contract dimensions.
| Dimension | Early exit | Buyout | Full settlement |
|---|---|---|---|
| Who initiates | You | You | You |
| When | Any time | Any time | Any time |
| Primary use | Close without completing installments | Asset pays remaining debt via EVS | Finish the plan or pay the remainder in one lump |
| Surplus rules | Per contract non-recourse | EVS surplus returned | Same EVS logic at completion |
| Penalties | None beyond paid capital | Disclosed fees only | No early repayment penalty (per terms) |
DIFFERENT GOALS. SAME DISCIPLINE. ALWAYS CONTRACT-DRIVEN.
VALUATION & STATEMENTS
Surplus is not a marketing promise, it is arithmetic after obligations and disclosed fees. The Platform Reference Price anchors that arithmetic to observable markets plus the execution spread you already agreed to.
Valuation anchor
Platform Reference Price
Live market inputs plus execution spread (typically 0.5%–1.5%), disclosed before you sign.
EVS recognizes the full economic value of your position at settlement, not a partial paid-portion haircut.
ASK FOR YOUR CONTRACT SUMMARY, THE NUMBERS LIVE THERE.
Structure beats timing.
Exits belong to you.
The contract shows the math.
LTO early exit · buyout · full settlement
FAQ
Read the LTO Agreement and Contract Summary before you execute. When you are ready, the platform walks you through Buyout, Early Exit, and Full Settlement with the same transparency.