Super Vault II

Super Vault II was introduced in Defrost Finance from 2022/1/25 with the cooperation of Stakedao's av3CRV strategy.
The main difference with the previous Super Vault is that the new one will have a “ticket” for users who wish to join, paid in MELT and proportional to the LPs deposited.
The basic function is still the same as Super Vault and users can still use it to leverage their positions.
The Super Vault II will cover safe LP tokens with good and sustainable APYs.
However, a small amount of Melt should be paid as a ticket to join the Super Vault II.
The ticket is charged one time when users deposit their LP tokens into the Super Vault.
The MELT charged will be burnt using the following address: https://snowtrace.io/address/0x0000000000000000000000000000000000000001​
Over the long term, the tickets could be adjusted to balance the use of leverage.
The initial cap of the new Super Vault is an important index to balance the use of leverage.

Entry Fees (per $1000 collateral)
StakeDAO - 5 MELT
aAVAXb - 1.25 MELT
av3crvGauge (Curve) - 2.5 MELT
qiDAI, qiUSDC, qiUSDT - 1.25 MELT
UST/USDC (Pangolin) - 1.25 MELT
TricryptoGauge (Curve) - 1.25 MELT
AaveAVAX (Yield Yak) - 1.25 MELT
AaveUSDC (Yield Yak) - 1.25 MELT
gOHM - 1.25 MELT
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How does it work

Next - ⚙️ Mechanisms and Functions

Whitelisted Collaterals

Last modified 22d ago

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Entry Fees (per $1000 collateral)