Vault

The mainstay of Nexus Protocol - yield strategies represented as vaults

The Vault tab houses all of Nexus Protocol's yield strategies, both native to Terra and our future cross-chain opportunities.

Understanding the Vaults

The UI for each of our vaults displays contextual information to help users make informed decisions about whether to devote assets to these vaults.

Our current bAsset vaults display the following information:

  • Price of Asset: The price of the specific asset in UST terms

  • APR of Vault: The yield users can expect to receive by depositing into the vault

  • Vault Loan Size: Applicable only to our bAsset vault, this shows how much UST the vault as a whole is borrowing from Anchor Protocol

  • LTV Ratio: Applicable only to our bAsset vault, this shows the current loan-to-value ratio maintained by the vault as a whole

  • Total Value Locked: The total size of deposits in the vault in UST terms

Depositing and Withdrawing

Users are able to both deposit and withdraw from our vaults at any time.

To deposit your desired asset

  1. Identify the vault you wish to deposit into

  2. Click the [Deposit] button

  3. Enter the total amount of assets you wish to deposit

  4. Click [Confirm] and approve the transaction via your Terra Station wallet

To withdraw your desired asset

  1. Identify the vault you wish to withdraw from

  2. Click the [Withdraw] button

  3. Enter the total amount of assets you wish to withdraw

  4. Click [Confirm] and approve the transaction via your Terra Station wallet

Tracking Your Yield

Once users have deposited into any of our vaults, they will be able to track their deposits and rewards on the Vault page under the "Your vaults" section.

Here, a user's deposit and rewards are clearly shown, including the option to claim the rewards at any time. Rewards accrue on a per-block basis and are distributed in $Psi tokens.

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