📈Alnair Vaults

What is Vaults?

Vaults are investment instruments that employ a specific set of strategies for yield farming. They make use of automation to continually invest and reinvest deposited funds, which help to achieve high levels of compounded interest.

By using a Alnair vault to compound your rewards, you save thousands of transactions with their associated gas costs, and precious personal time. Instead of manually harvesting and selling rewards, buying more tokens, and reinvesting that continuously, a vault does all that automatically at a high frequency.

Vaults are the important factor of the Alnair Finance ecosystem. In Alnair vault, you earn more of the asset you stake in it, regardless if this is a liquidity pool (LP) token or a single asset. One could always withdraw from a vault at any moment in time.

When browsing the vaults on the platform, you will see the annual percentage yield (APY), which takes the frequent compounding into consideration compared to annual percentage rate (APR) which does not. You will also see daily interest percentages and the total amount invested in a vault by all users (TVL).

Compound logic

Vault contract automatically claims $ALNR earned via farms and unstake them from staking contract with 50% penalty. Then make LP by using $ALNR earned and redeposit into farm every 8 hours repeat.

The harvest caller will get 0.5% of claiming rewards in $ALNR for the gas fee compensation.