The Vault Lifecycle
1
Users deposit assets into Vaults
- Receive LP tokens representing their share
- Assets are tracked and accounted for
2
Vault managers allocate funds
- Managers allocate into different protocols
- Adaptors handle protocol-specific interactions
- Standardized interfaces ensure consistent behavior
3
Yield generation
- Yield is automatically compounded
- Performance from the yield is tracked
4
Asset management
- Vault managers can rebalance between different protocols
- Each reallocation is tracked and accounted for
- Profits and losses are reflected in LP token value