FAQ

Deposits:

Where can I find assistance on deposits?

Right here.

What is the minimum deposit for vaults?

There are no minimum deposits to participate in our vaults.

Do I have to confirm and redo my deposits every week?

No, the vaults re-invest your deposits on a rolling basis.

Do you recover deposits accidentally made to an incorrect receiving address?

Although we do not generally offer token recovery services, we review these instances on a case by case basis depending on their significance. We do not guarantee token recovery and advise depositors to double check their transactions.

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Withdraw:

Where can I find assistance on withdrawals?

Right here.

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Trading and options:

What is the fee structure?

The vault fee structure consists of a 30% annualized management fee on the premium.

How is APR calculated?

We calculate APY by getting the average of the past 4 week's annualized performance:

Weekly Yield = ((1+(Curr. Week’s Performance)^52)-1)*100

Projected Yield (APR) = Average of Past 4 Week's Weekly Yield (in the money weeks are excluded)

Are the management and performance fees included in the expected APR?

Yes.

Where can I see the historical performance?

Every product has a card with the vault's tabular representation of historical performance.

What asset are the vault yields paid in?

Yields are paid in the same underlying deposit asset.

Are the vaults cash or physically settled? (aetienne is this correct?)

While options are physically settled in case of an exercise the received amount is always swapped back into the same currency as the deposit currency. For example, if the deposit currency is USDT all proceeds will always be settled in USDT.

Do vaults use a delta neutral strategy?

No.

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Deployed Contracts

Network	Vault	Address
Prom Mainnet	Galar One	0x889666a8A1831dD072C4166c465Bcecd1B068f64
Prom Mainnet	Galar Two	0x13Ca4d83EB6eF7CB2f95443F4ee0724113228A18