πΎ BTC Harvester Vault - FAQ
Whatβs the goal of the vault?β
The BTC Harvester Vault is an automated, one-click yield aggregator designed to maximize BTC-denominated yields in the Corn BTCFi ecosystem. By depositing compatible assets, you gain exposure to five layers of cross-chain yield.
How does the BTC Harvester Vault work?β
You can deposit BTCN, wBTC, LBTC, eBTC, or cbBTC on Ethereum directly through the Corn app.
Once deposited, the vault:
- Bridges funds to the Corn Network.
- Executes BTCFi strategies managed by Veda.
- Earns multi-chain rewards across Ethereum and Corn.
- Issues vBTC, a receipt token that will unlock additional yield strategies on Ethereum in the future.
I have BTC, can I use this vault?β
Yes! If you hold native BTC, youβll first need to wrap or bridge it to one of the supported assets (e.g., cbBTC on Ethereum). Once you have a compatible token on Ethereum, you can deposit it into the Vault.
Is there a lock-up? Why?β
Yes, deposits are locked for 90 days, during which withdrawals are not permitted. After 90 days, you can choose to stay or submit a withdrawal request to a queue.
The lock-up ensures optimal yield growth from various strategies before harvesting begins.
What are the sources of yield?β
The vault generates five layers of yield across Ethereum and Corn:
π On Ethereum:β
- 3X Lombard Lux Points
- 3X EtherFi Points
- 3X Veda Points
π½ On Corn:β
- A proportional share of 10.5M $CORN (0.5% of total supply), accrued for vault depositors and become claimable at the end of the 90-day lock-up.
- Auto-compounding BTCFi strategies via Veda.
What is the fee structure?β
0% fees for the first 30 days; then up to 20% performance fee (on native yield only) for the next 60 days
What are the risks?β
Like all DeFi products, the BTC Harvester Vault carries smart contract and economic risks, including:
- Protocol risk: Dependence on the security and audits of underlying protocols.
- Liquidity risk: The 90-day lock-up period restricts withdrawals.
- Market risk: Potential fluctuations in token values.
Users are encouraged to assess these risks carefully before depositing.
I have more questionsβ
Join our Discord to ask our support team about bridging, deposits, or advanced yield strategies.