> ## Documentation Index
> Fetch the complete documentation index at: https://docs.parlayx.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Off-Boarding & Revocation

> What happens to your capital and positions when access is withdrawn.

Any team evaluating infrastructure should ask what happens when they want out, or when something goes wrong. This page answers that before you have to ask.

**The rule underneath all of it: ParlayX never touches funds or positions.** Closing a position is a trade, and trades are yours to make. There is no auto-close, in any circumstance, including non-payment.

## Three words that are not synonyms

<CardGroup cols={3}>
  <Card title="Revoke" icon="user-slash">
    Withdraw an actor's access. Soft and reversible.
  </Card>

  <Card title="Remove" icon="trash">
    Delete a venue credential. Hard and irreversible.
  </Card>

  <Card title="Reconnect" icon="rotate">
    Replace a credential the venue itself killed.
  </Card>
</CardGroup>

## Revoking an actor

Takes effect at the front door. Reversible — grant the actor back and they resume.

Positions stay open and stay the pod's. Manage them through the console or another actor in the pod.

## Removing a venue credential

This is the destructive one. Removing a credential deletes it and schedules its signing key for destruction. It cannot be undone; reconnecting means supplying a new credential.

<Warning>
  Removing a Kalshi credential ends our access to that account — including our ability to close positions held under it. Flatten first, or plan to manage the account directly at Kalshi.
</Warning>

Two further points:

* **Removing here does not revoke at the venue.** If a credential is compromised, rotate or revoke it on the venue's side as well.
* **Untying is not removing.** Untying one pod leaves the credential working for every other pod tied to it. Removing the credential takes access away from all of them. Use the narrower lever when the narrower lever will do.

If you remove a credential while a tied pod holds open positions, you will get an explicit warning and be asked to confirm deliberately. The action is still allowed — it is your account — but nothing will be closed for you.

## A safe state before teardown

Flat is not enough. A resting order can still fill after access is withdrawn.

**Safe means: no open positions and no working orders.**

## Reconnecting

If a venue rejects a credential — rotated, expired, revoked on their side — it lands in a terminal state here and orders stop routing. Supply a new credential to resume. The pod, its ties, its actors, and its history are unaffected.

## If you stop paying

Service stops. Access to your own assets does not.

Non-payment ends the ParlayX service: administrative access is withdrawn, and we stop operating on your behalf. You retain the ability to reach your keys and move your funds and positions out on your own timetable. We do not close positions, and we do not hold assets as leverage.

## Reference

|                                 | Actor revoked    | Venue credential removed     | Pod wallet                         |
| ------------------------------- | ---------------- | ---------------------------- | ---------------------------------- |
| Positions after                 | Open, untouched  | Open, untouched              | Open, untouched                    |
| Still closable through ParlayX? | Yes, via the pod | No — the path is gone        | Yes, the wallet stays with the pod |
| Fallback if not                 | —                | Manage directly at the venue | —                                  |
| Reversible?                     | Yes              | No                           | Not applicable                     |

## Things worth knowing

* Revocation propagates as fast as our caches allow. If a key is compromised, tell us and we will invalidate it immediately rather than waiting.
* Rotation is safe. It is the same account with a new key, and it does not disturb positions or ties.
* Once a credential is removed, we also lose visibility into that account — including settlements that occur afterward.