What is a Nova Account?
When you deploy a portfolio, there are many steps that take place as your funds are correctly allocated and strategies and yield are applied. In order to save you time and preventing you to from having to approve each instruction, we utilize your Nova Account.
Your Nova Account is set up to automatically take care of the deposit process for you. It's also a safety net in case there is an error while withdrawing your funds from your portfolios. If this happens, your assets will be placed into your Nova Account, where you can retrieve them manually by clicking on "Withdraw".
You can manage your account by simply clicking on the "My Account" menu.
Important: This is a non-custodial account, and we do not have access to it.
Some guidelines:
- Do not share the secret phrase and private key of your Nova Account. Note them down and keep it safe
- Do not place additional funds in this account, other than those needed to run transaction on Nova
- When an operation has been completed such as a deposit, you are free to withdraw excess funds. However, you may be required to re-deposit SOL if you want to deposit in further portfolios or exit in order to pay for gas fees. We recommend to always leave 0.2 SOL in your Nova Account
You will be guided through set up one you initiate your first transaction. You will be given a 12 word secret phrase, and a private key, that you will need to recover/log back into your Nova account.
Important: Remember to note down your secret phrase and private key, and keep them safe! This is a non-custodial account, we do not have access to it, therefore we cannot recover them for you.
If you have exited your Nova Account, or want to switch the wallet linked to your nova Account, you can recover it using the secret phrase or private key provided at the time of set up.
From the top right of your screen, click on "My Account", then on "Recover using private key" or "Recover using Secret phrase".
When prompted, enter your details, then select "Done".
Important: Remember to note down your secret phrase and private key, and keep them safe! This is a non-custodial account, we do not have access to it, therefore we cannot recover them for you.
Last modified 1mo ago