FAQs and Troubleshooting

Common Questions for New Users

Can I sell LOCKS on a DEX?

Yes, if a secondary market like Kodiak exists, you can sell LOCKS there. But the protocol always offers redemption at the floor price, making it the most reliable exit.

Can the floor price go down?

No. Thanks to the burn-on-redemption mechanism, it only goes up or stays the same.

What if I don't want to stir?

You don't have to. You can hold PORRIDGE indefinitely or wait for better market conditions.

What if I borrow and the price of LOCKS drops?

Nothing happens. Your borrowing is based on the floor price, which doesn't decrease.

Can I redeem my OT (Ownership Token) before vault expiry?

No. OT can only be redeemed once the vault reaches its expiration date. Until then, it represents your claim on the original asset.

What happens if I sell my YT (Yield Token)?

If you sell your YT, you give up your right to any yield the deposited asset generates during the vault's term. You still retain the OT, which lets you reclaim your principal at expiry.

Technical Issue Resolution

Transaction Failing

Possible causes and solutions:

• Insufficient gas: Increase gas limit or use BERA network's recommended gas

• Slippage too low: Adjust slippage tolerance for swaps

• Contract approval needed: Ensure you've approved token spending

Wallet Connection Issues

Troubleshooting steps:

1. Refresh the page

2. Ensure your wallet is on the Berachain network

3. Try disconnecting and reconnecting

4. Clear browser cache

5. Update your wallet software