How it works

Deposit the vault’s base token (e.g., XTZ) or another supported token (which will be swapped automatically during deposit).
The vault loops your position by:
- Supplying collateral to a lending protocol.
- Borrowing against it.
- Swapping borrowed funds back to the base token.
- Repeating this process up to safe leverage limits.
Over time, as the vault’s total assets grow, your shares become more valuable.
Withdraw anytime — instantly if liquidity is available, or by scheduling a withdrawal if funds are actively looped.

You have two ways to deposit:

Direct Deposit: Deposit the base token directly, receive shares immediately.
Deposit with Another Token: Choose a supported token, let the vault swap it to the base token before depositing.

Before confirming, you’ll see:

Instant Withdrawal: Redeem shares and receive the base token immediately (if the vault has enough liquidity).
Scheduled Withdrawal: Request to withdraw a set number of shares. The vault will unwind positions to release liquidity, after which you can claim your tokens.

Additional Notes:

You can cancel a scheduled withdrawal before it’s resolved.
You can have only one active or unclaimed scheduled withdrawal at a time.
Instant withdrawals are still possible while a request is pending, provided there’s enough liquidity.

Performance Fee: Applied only to profits and automatically realized when you interact with the vault.
Supply Cap: Maximum total deposits allowed; new deposits will fail if the cap is reached.
Slippage: Applies when swapping non-base tokens during deposit.
Liquidity Risk: Instant withdrawals depend on available base token liquidity.
Market & Leverage Risk: Yields and token prices can fluctuate; returns are not guaranteed.

Last updated 5 days ago