⁉️How do Ninja Vaults work?

How is yield maximising done?

NinjaVault Vaults merge the best of traditional finance with decentralized finance, carving out a unique niche within the DeFi landscape. Central to the NinjaVault platform, these vaults fortify the stability of the $NIVA token and facilitate efficient treasury management.

How it Works:

1. Deposit LPs in our vaults: Users can deposit their INJ-USDT LP tokens or any LPs that are available for vaulting

2. Yield Maximising: The yields from these LPs generated from farm emissions are automatically harvested and used to buyback $NIVA and staked back into our single staking $NIVA pool to earn more $NIVA

Note: The longer you stake, the closer you get to the stated APY yields. APY takes into account autocompounding which is greater effected the longer you are in this vault. This means your yields increases as the duration staked increases.

1. Positive Price Loop: As $NIVA is constantly bought back from the market, this creates a positive price loop on $NIVA.

In essence, NinjaVaults enable users to trade LPs or single tokens for discounted tokens. They empower the platform's treasury, while users enjoy preferential rates and potential staking benefits. This dual-benefit mechanism underpins the stability of the ecosystem, promoting sustained user involvement.

How Do Ninja Vaults Operate onchain?

1. Users deposit into the smart contract.

2. The contract then channels the deposit to third-party platforms like Masterchef (for instance, Dojoswap).

3. Rewards generated from your deposit get auto-claimed, converted to $NIVA, and subsequently deposited in the Auto NIVA pool. This not only elevates the APY but safeguards your principal.