Vault

Overview

Vaults are capital pools that leverages automated strategies to generate yield for user deposits of various assets. They are non-custodial, transparent, and users can withdraw their assets at any time. Users will receive their reward token in the form of $SEMO.

Fee structure

5% Performance Fee: Deducted from yield earned every time when users claim their rewards. 80% of the fees will go back to the treasury.

0.5% fixed withdrawal fee. There is also a withdrawal fee of 0.5% of your stake for early withdrawals within 72 hours to prevent users from "yield sniping", which is stealing yield by depositing just before the vault is compounded and then immediately withdrawing.