Jetswap
  • Jetswap Multi-Chain Intro
  • Guides
  • Contact Us & Social Media
  • Jetswap Contracts
  • Audits & Security
  • Roadmap
  • APIs
  • Jetswap Exchange Information
    • Exchange - Trading and Liquidity Pools
    • Platform Fees
    • Pilot Pools
    • Yield Farming
    • WINGS/pWINGS Lottery
    • Vaults
      • Vault Fees
    • Partnerships, IJOs, and Listings
    • Initial Jetfuel Offerings (IJOs)
    • Info & Analytics
    • POLY FORCE
    • Tokenomics
      • $WINGS on Binance Smart Chain Tokenomics
      • $PWINGS on Polygon Network Tokenomics
      • $fWINGS on Fantom Tokenomics
    • Risks & Disclosures
  • Bridges
  • Jetfuel
Powered by GitBook
On this page

Was this helpful?

  1. Jetswap Exchange Information

Vaults

PreviousWINGS/pWINGS LotteryNextVault Fees

Last updated 3 years ago

Was this helpful?

Jetswap's vaults allow users to deposit LP tokens or single asset tokens, and earn more of what you deposited.

A vault is a smart contract strategy that uses an algorithm that is programmed to automatically take the multi-step process of auto-compounding your assets. To give you an idea of how they work, traditionally users add LP tokens to yield farms, and are rewarded with a reward token.

If you deposit your LP tokens in a vault, every time the "Compound" button is pressed, the vault will harvest your pending rewards, sell half of your reward tokens, buy the paired assets with the proceeds, use those two tokens to add liquidity and then increase your LP token amount, automatically.

Compound on the single assets will harvest the pending rewards, sell only the amount required based on the fee structure, and redeposit the majority of the harvest.

Jetswap's vaults reward users with auto-compounded rewards that are much higher than the non-compounded rewards offered by yield farms themselves. This saves users time, gas fees, and protects their gains.