Introduction to Goldivaults

The Concept of Yield Tokenization

Goldivaults are specialized smart contracts that let users split, trade, and speculate on the future yield of yield-bearing assets in the Berachain ecosystem. They introduce new financial primitives for managing yield strategies.

When you deposit a yield-bearing asset into a Goldivault, you receive two separate tokens:

Ownership Token (OT)

Represents your right to reclaim the original deposited asset at the vault's expiry date.

Yield Token (YT)

Gives you the right to receive all the yield generated by the deposited asset until the vault expires.

This separation unlocks several options. You can:

Sell your YT to lock in a fixed return

Hold both to maintain full exposure

Buy more YT if you're bullish on yield

Stake or trade both OT and YT tokens

Who Should Use Goldivaults?

Goldivaults are particularly useful for:

Yield Sellers

Users who want to lock in a guaranteed return by selling their future yield. This effectively converts a variable-yield position into a fixed-return investment.

Yield Buyers

Speculators who believe a particular asset's yield will increase can buy YT tokens to gain leveraged exposure to just the yield without needing to own the underlying asset.

Sophisticated Liquidity Providers

Users who want to provide liquidity to trading pairs involving OT and YT tokens to earn fees from traders speculating on yield movements.