FAQs

Why is my Position not showing anymore on the Vaults UI?

Positions on the vaults simply represent the receipt tokens a user has available in his wallet. So if a user has never deposited into a vault but he decides to go to Swap and buys 100 eSUI, then a new 100 eSUI position will show up in his Positions tab on the Vaults page. Similarly, if they have deposited 100 SUI and received 100 eSUI, and then the user supplies those 100 eSUI into lending, the position will stop showing up on Vaults UI as the eSUI is deployed on another protocol, however they will still be generating the Lending Yield + The Vaults yield since this is going to be represented in the share price of eSUI.

How do users earn?

Based on the share prices of their receipt tokens. Say a user deposits 100 SUI and receives 100 eSUI when the share price of the vault was 1.0. Now once the vault curator starts generating interests, the share price of the vault will start to increase, and users will be able to redeem their tokens at the corresponding exchange rate. So say that this week the share price of eSUI goes to from 1.0 to 1.1, then those 100 eSUI that the user has will be redeemable for 110 SUI (10% yield). So no claiming or disbursal is involved here, users will see their earning simply when they redeem their deposit tokens for their receipt tokens.