Earn Vault
Curated entry point to OctoLend
What is Earn Vault
A Earn Vault (Vault V1) on Stellar holds one base asset (e.g. USDC) and issues a share token representing proportional ownership of its total value.
Curators deploy and manage these vaults via the Untangled Curator App, allocating capital across integrated protocols and OctoLend.
Users deposit once to gain diversified exposure to on-chain yields and can redeem their shares asynchronously through epoch-based settlements.
All vaults are immutable, transparent, and managed via multisig or MPC treasuries (e.g. LOBSTR Vault or Fireblocks).
Key Features
- Soroban-Based Vault Standard: Implements a standardized vault design on Stellar using open, audited smart contracts.
- Composable SAC Shares: Vault shares are Stellar Asset Contracts (SAC tokens), fully compatible with Stellar DeFi and wallets.
- Non-Custodial Treasury: Funds are held in curator-controlled multisig or MPC wallets.
- Flexible Strategy Execution: Curators can allocate to any Stellar protocol, combining DeFi and RWA yields into one vault.
- Asynchronous Withdrawals: Deposits are instant, while withdrawals are processed in discrete epochs for predictable liquidity.
- Transparent Operations: NAV, allocations, and share prices are on-chain, while valuation logic is managed off-chain by curators.
Vaults serve as a modular building block for DeFi strategies — a simple entry point for users and institutions to participate in on-chain yield generation without managing multiple protocols or wallets.
How It Works
- Curation and Strategy: The curator defines the vault’s strategy, selects integrated yield protocols, and manages allocations through the treasury wallet.
- Valuation and Share Price: The distributor periodically updates the vault’s share price based on off-chain NAV calculations, reflecting accrued yield and any applicable fees.
- User Deposits and Withdrawals: Users deposit the underlying asset to mint vault shares. Withdrawals are requested asynchronously and processed after each epoch settlement.
Roles and Responsibilities
| Role | Description |
|---|---|
| Issuer | Deploys the SAC share token and defines asset permissions. |
| Distributor | Updates share price and processes redemptions. |
| Curator / Treasury | Executes the vault’s strategy, settles epochs, and manages allocations via multisig or MPC. |
Summary
- Permissionless: Any curator can deploy a vault via the Curator App.
- Non-Custodial: Assets secured in multisig or MPC treasury.
- Composable: SAC tokens integrate seamlessly with Stellar DeFi.
- Immutable: Vault contracts and parameters cannot be changed.
- Audited: Verified by Veridise and open source.
For more information, please read the detailed docs under the “Curate” section.