Deposit in a vault
Guide to deposit in a vault.
Last updated
Guide to deposit in a vault.
Last updated
Any user can deposit in a vault. The user must deposit base token, which is the first token of the vault contained in the structure (in Solidity, at vault.tokens(0)). Most of the time it will be dollar pegged stablecoin. For a vault with [USDC, WBTC, WETH, WMATIC], the deposited token must be USDC.
On the Vaults page you can decide on which vault you want to deposit. If you want more precision about a vault or deposit, you can click on "see details to deposit".
Then click on "Deposit"
If you click on "Approved" you will see the amount of base token you have already approved and if you click on "Balance" you will see your base token balance.
You will also find the essential information on the vault:
Name : Name of the vault
TVL : Total value locked in the vault
Min deposit : Minimum deposit amount of basic tokens allowed
Max AUM : Maximum total market value of the vault
You can now enter the amount of base token to approve and click on "Approve SHPRD to access your ...". Here, the amount to approve is 6 BUSD.
A Metamask pop-pup should now appear. Take the time to check the transaction and sign it. As you can see below, this transaction allows the vault to interact with 6 BUSD.
After the end of the approval, you will be able to deposit. Click on "Deposit ...". Here the amount to deposit is 6 BUSD.
A second pop-up window should appear, sign it to execute the deposit transaction. You are now the owner of some vault shares.
You can see all deposit you have made on this page : https://beta.shprd.finance/app/wallet