Vaults
Last updated
Last updated
Vaults enable users to deposit into custom yield-bearing strategies. The underlying smart contracts abstract away complex multi-chain operations related to swapping, minting, redeeming, transferring, and collateralizing different assets, facilitating seamless access to advanced strategies.
Vaults can be configured to support a in a variety of different strategies, including but not limited to:
Leveraged Lending of Crypto + RWAs
Collateralized Debt Products
Longer Duration Savings Strategies
Auto-Compounding or Yield Optimizing Vaults
Solera Vaults power a variety of different strategies through the protocol's lending markets and integrated protocol and asset partners. Additional strategies will be developed and onboarded over time. Vaults and asset information will be available on the 'Strategies' page of the Solera Interface.
Imagine a vault that allows a user to get exposure to five yield bearing assets on Ethereum and Plume in a single deposit. Each asset has a different issuer and equal weight of 20%. Users supply assets to a deposit contract and receive a yield bearing receipt token (sTokens) redeemable for their share of the underlying assets and interest generated by the strategy. All bridging, minting, cross chain transfer, deposit, and redemption logic is handled by the vault and manager contracts, simplifying the user experience.
Solera's vaults are built using the BoringVault standard inspired from 's open source . This standard was initially creaded by and has been adapted for Plume in partnership with to deliver custom yield bearing strategies.
