💰Depositing Into Vaults

Important Info On Depositing


  1. Connect your wallet

  2. Select the vault you'd like to deposit into

  3. Enter an amount to deposit

  4. Click deposit

Depositing into Katana vaults is simple by design. Below are some key concepts to further inform the user experience around depositing.


Katana vaults operate in a weekly round structure, meaning funds are locked in the strategy during the course of the period. Each period begins on Friday morning EST when the strategy rolls over and new options are minted. At this time, deposits in the deposit queue are initiated into the strategy and begin earning yield.


If a user deposits anytime before the start of the period, their funds will remain in a deposit queue and will only begin earning yield starting Friday morning EST. It is therefore recommended that users deposit on Thursday in order to ensure their funds are not sitting idly for an extended period of time while guaranteeing they are incorporated into the strategy for the upcoming next round.


Once a user's funds are incorporated into the next round and begin earning yield, the user will be minted Katana "shares" that represent their ownership in the vault. These shares can be claimed at any time and are only necessary to initiate a withdrawal. Whether they are claimed or not, the shares change value over time to reflect the performance of the strategy. Thus, if the strategy is profitable over a given period, the shares will be worth more than when they were minted to the user.

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