APR
Deposited
LUTE working inside
Last epoch paid
nothing paid yet
Your locks
Connect a wallet to deposit a lock.
A lock in the vault reads as empty on-chain: compound() locks the LUTEinto the vault's own NFT and credits your share, and the escrow writes principal plus rewards back onto your lock when you withdraw. The figures above come from the strategy, which is where they live until then.
How it works
Deposit a veLUTE lock once. The vault votes with every lock inside it as a single bloc, collects the trading fees and incentives those votes earn, converts them to LUTE, and compounds the result straight back into your own lock. You never vote again and the position grows on its own.
- 1Deposit a lockYour veLUTE lock attaches to the vault. You keep the NFT — the vault only borrows its voting power.
- 2It votes for youEvery lock inside votes together each epoch, so the bloc lands where the fees and incentives are richest.
- 3Rewards are collectedTrading fees and voter incentives come in, and are converted to LUTE.
- 4Straight back into your lockThe LUTE is added to your own lock, so next week it earns as well. Withdraw whenever the epoch window is open.