Shbank Documentation
  • What is Shbank?
  • FAQ
  • Convertible Vaults
    • Introduction
    • Vaults
      • Vaults Parameters
      • How Vaults Work
    • Examples
    • Available Tokens
    • List your own vault
  • Insurance Investments
    • Insurance Buckets
  • Integrations
    • On-Chain Asset Management Vaults
    • Decentralized Structured Products
    • Decentralized Insurance
  • SBK token
  • Governance
    • Introduction
    • Voting guide
    • Bribes
  • Risks
Powered by GitBook
On this page
  1. Convertible Vaults
  2. Vaults

Vaults Parameters

PreviousVaultsNextHow Vaults Work

Last updated 1 year ago

The vaults behaviors are determined by the following parameters:

  • Network: The network on which the vault operates. E.g. Ethereum, Polygon...

  • Underlying Token: The token in which deposits are allowed. See Available Tokens.

  • Limit Price: The price above which conversion starts. See How Vaults Work for more details.

  • Max Capacity: The maximum capacity that vault can welcome in deposits (in Underlying Token). When the vault deposits reach this capacity, it will turn into Locked State.

  • Deposit State duration: The duration of the Deposit State. At the end of this duration, the vault turns into the Locked state and the participation in the investment is no longer possible.

  • Maturity Date: The date at which the investment ends and the vault permanently transitions into Release State for the users to release their assets, stable coins and SBK rewards.

  • APY: Approximate Annualized Percentage Yield with respect to the initial deposit value.

  • State: Either Deposit, Locked or Release. See Vaults for more details.

  • Version: Version of the vault with the underlying project.

Relevant Smart Contracts are available at the following addresses:

Smart Contract
Network
Contract Address

Convertible Vault

Ethereum

0xec67005c4E498Ec7f55E092bd1d35cbC47C91892