What is a Vault?
Deposit your token in and let YieldHub compound for you
Vaults are investment instruments that employ strategies to generate yield on deposited tokens. Our vaults make use of automation to continually invest and reinvest deposited funds, therefore compounding returns. Instead of manually harvesting and selling rewards, buying more tokens, and reinvesting that continuously, our vaults do that automatically at an optimized frequency.
Vaults are the core of YieldHub. For example, vaults where one can stake WTLOS-ETH LP will result in more WTLOS-ETH LP over time.
User funds are never locked in any vault on YieldHub. You can withdraw at any time.
When browsing the vaults on the platform, you will see the annual percentage yield (APY), which takes compounding into consideration compared to annual percentage rate (APR) which does not. You will also see daily interest percentages and the total amount invested in a vault by all users (TVL). You can also see what underlying platform the vault is using as a source of revenue.
Depositing
Depositing an LP token means you've already contributed liquidity in equal parts to a decentralized exchange such as Omnidex or Zappy. We also offer the means to deposit just one side of an LP by selecting a non-LP token in the drop down within a vault tab. Providing just one side of an LP means that YieldHub will split it for you into the LP, resulting in a 50/50 exposure to both tokens in the LP. This is known as zapping.
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