Using Goldivaults: Complete Tutorial

Selecting the Right Vault

Goldivaults are available for various yield-bearing assets on Berachain. When choosing a vault, consider:

The underlying yield-bearing asset (e.g., oriBGT)

The vault's expiration date

Current yield rates and projections

Your strategic goals (locking in returns vs. speculating on yield)

Depositing Your Assets

1. Navigate to Goldivaults

2. Select a Vault

   Choose from the available vaults based on the asset and expiry date that suits your strategy.

3. Approve Token Usage

   Click "Approve" to allow the vault contract to use your tokens and confirm in your wallet.

4. Enter Deposit Amount

   Specify how much of the yield-bearing asset you want to deposit.

5. Confirm Deposit

   Click "Deposit" and confirm the transaction in your wallet.

6. Receive OT and YT Tokens

   After confirmation, you'll receive OT and YT tokens in your wallet in a 1:1 ratio with your deposited amount.

For example, depositing 10 oriBGT gives you 10 oriBGT-OT and 10 oriBGT YT.

Managing OT and YT Positions

After receiving your OT and YT tokens, you have several options:

Hold Both Tokens

Maintain full exposure to both the principal and yield of your deposited asset. At expiry, you'll receive back your original asset plus all accumulated yield.

Sell Your YT

Lock in a fixed return by selling your YT. This secures an immediate payment while retaining the OT for principal redemption at expiry.

Buy More YT

If you're bullish on the yield of a particular asset, you can purchase additional YT tokens to increase your exposure to just the yield component.

Stake YT on Beradrome

YT tokens for certain assets can be staked on Beradrome to earn additional incentives like bribes and vote rewards.

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