Single Asset DEX

The Single Asset DEX vault strategy allows anyone to earn yield from concentrated liquidity pools on partner DEXs (like SaucerSwap), without having to manage ranges, NFTs, or rebalance positions themself.

Under the hood, Single Asset DEX strategy vaults are liquidity management contracts that takes a single asset deposit, creates concentrated-liquidity positions for it, and actively keeps all positions in a "productive price range". Single Asset DEX vaults operate four strategy types — depending on the type of underlying pool assets and their volatility — each of which is described in the section below.

How the Single Asset DEX vault strategy works:

• Deposit a single token (which gets paired with its underlying pool asset),

• Receive fungible vault share tokens representing your share of the vault, and

• Over time, your share is backed by more of both underlying tokens as fees are earned and reinvested (auto-compounding).

The complexity and maintenance of concentrated liquidity management is entirely automated inside of the vault strategy.

Note: Upon deposit of a single asset into a Single Asset DEX strategy vault — the strategy automatically converts some of the single asset deposited into the asset it's paired with in the underlying pool; prior to initiating a deposit, the interface will display how much of the asset will be converted to its pair. You can track how the ratio of the two assets change over time, right from the vault interface. Upon withdraw from the vault you will receive a ratio of both tokens, which is displayed on the vault's interface prior to initiating a withdraw.