⏺️PROJECT OF ATHREUM VAULT
Last updated
Last updated
ATHREUM Vaults are investment instruments that employ a specific set of strategies for yield farming. They make use of automation to continually invest and reinvest deposited funds, which help to achieve high levels of compound interest.
By using a ATHREUM Vault to compound your gains, you save thousands of transactions with their associated gas costs, and precious personal time. Instead of manually harvesting and selling rewards, buying more tokens, and reinvesting that continuously, a vault does all that automatically at a high frequency. Vaults are the binance smart chain of the ATHREUM ecosystem. In a ATHREUM vault, you earn more of the asset you stake in it, regardless if this is an liquidity pool (LP) token or a single asset.
For Example vaults where one can stake LP will result in more LP over time, effectively growing your share in the liquidity pool and thus allowing for more and more fees and rewards over time. Despite the name 'Vault' suggests, user funds are never locked in any vault on ATHREUM. One could always withdraw from a vault at any moment in time. ATHREUM also does not own user funds staked in vaults.
However, it is generally best to view vaults as investment tools to store funds for the medium to long term in order to have the effects of compounding really kick in. When browsing the vaults on the platform, you will see the annual percentage yield (APY), which takes the frequent 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). Furthermore, one can see what underlying platform the vault is using as a source of revenue.