Lucidly Vaults UI Flow
Getting started with Vaults
Last updated
Getting started with Vaults
Last updated
Lucidly Vaults are easy to use - active LP deployment, top notch security and super incentivised yield. Visit: https://app.lucidly.finance/
Vaults offer a single entry point to depositors ensuring additional earn opportunities and active liquidity deployment across a range of DeFi Instruments for yield bearing assets including markets catering to pufETH, sUSDe and swBTC.
To get started:
Select the asset where you want to deploy capital
How do i see vault info and current yield generated?
Every vaults highlights the individual pool composition - including venues where liquidity is allocated to and the current pool weights
Where do i deposit?
When depositing in Lucidly Vaults users incur zero slippage when they deposit the assets in the vault according to ideal target weights. [Balanced]. Users could also allocate the base assets directly into the vaults from the ‘Deposit’ section.
Deposits are undergone in 2 separate transactions
Minting Pool Tokens
Staking Pool Tokens in the vault
Where to withdraw from?
To withdraw the deposited assets from Lucidly Vaults, head to the ‘Withdraw’ section and choose the preferred asset to be withdrawn from the vaults. Withdrawals are undergone in 2 separate transactions
Redeem Pool Tokens from the vaults
Withdraw liquidity
How to check additional protocol incentives against LP’d assets?
The nav bar highlights user incentives that are accrued on a daily basis as they enter Lucidly Vaults. Lucidly focusses hugely on incentivising initial protocol users, and the pills accrued reflect the amount of future protocol reward shares for the depositors on Lucidly.
On top of the native protocol incentives and the improved based yield for assets listed on Lucidly Vaults, there are also add-on protocol incentives including but not limited to boosted base asset protocol rewards/points and an 25% additional boost from turtle club. To learn more about these incentives, simply click your pill on the nav bar.
Where to find more on Vault strategies and additional risks involved?
Bottom of the vaults page link the vault strategy and how lucidly vaults ensure higher yield with lesser risk from a depositor’s perspective. This section also details out the potential risks involved including impermanent loss, smart contract risks and oracle risks.
