> For the complete documentation index, see [llms.txt](https://curator.docs.spectra.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://curator.docs.spectra.finance/curator-console/settlement-checkpoint.md).

# Settlement Checkpoint

This is where curators finalize the vault’s accounting cycle - updating MetaVault's share price, processing user requests, and confirming vault growth.

<figure><img src="/files/Xav6DdUtxRiNnDxyLy4H" alt=""><figcaption></figcaption></figure>

This section enables curators to:

* Monitor all **pending withdrawals and deposits** awaiting settlement.
* Verify that the vault has **sufficient available liquidity** to fulfill all requests.
* Review **projected settlement values** before execution.
* Trigger the **next settlement checkpoint** once all conditions are met

#### Settlement Readiness Status

**A green state** indicates all withdrawals are fully covered by available liquidity.

<figure><img src="/files/0MW7WvwJ0N0It4mR9ss9" alt=""><figcaption></figcaption></figure>

**Warning or error states** highlight insufficient funds or pending conditions that must be resolved.

<figure><img src="/files/M2FHJ8NWnPsYSdIUoAVa" alt=""><figcaption></figcaption></figure>

When the MetaVault’s available liquidity is **lower than total withdrawal requests**, the system enters a **Settlement Warning** state. This indicates that not all user withdrawals can be fully honored at current liquidity (underlying token) levels, and proceeding may result in **partial redemptions or vault share devaluation**.

In such cases, two action options become available:

* **Settle Anyway:** Proceeds with the settlement despite liquidity shortfall (typically discouraged).
* **Free More USDC:** This action redirects to the **Liquidity Management** tab, allowing the curator to **release capital** from existing pools to restore solvency.

The curator can also inject more underlying assets (e.g., USDC) into the MetaVault with their own funds by depositing them via the regular Spectra App, MetaVault section, to help the vault settle in the positive territory.&#x20;
