> For the complete documentation index, see [llms.txt](https://galar.gitbook.io/galar-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://galar.gitbook.io/galar-docs/galar/galar-vault.md). # Galar Vault ## Introduction to Galar Vaults ### What are Galar Vaults? Galar Vaults run an automated European options selling strategy, which earns yield on a weekly basis through writing at the money options and collecting the premiums. We use the Vault terminology because it stems from the idea of depositing your assets into a vault and earning a yield on them. Users can simply deposit and the vaults will automatically start running a specific option strategy. This alleviates a majority of the gas problems by socializing the gas costs across all the vault depositors: instead of doing 3–4 transactions per week per user, the vault will do 3–4 transactions per week for thousands of users at once. This makes the user experience of using these Galar Vaults extremely straightforward and relatively cheap. Galar Vaults also allow you to choose when to participate or not to participate in the weekly strategy through a withdraw function, so that you do not limit your usage options in relation to your market expectations. There are two vault types currently active: * Covered call selling: each week the vault issues ATM (at the money) call options on all deposits. * Put selling: each week the vault issues ATM put options on all deposits. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://galar.gitbook.io/galar-docs/galar/galar-vault.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.