Note, the vault has now been converted to main vault: https://app.brahma.fi/vault/pmusdc

1) What assets are used for deposits?

It’s a single-sided deposit vault with USDC as an asset for V1.

2) What's the fee on the Protected Moonshots DegenVault? Where do I deposit?

There are no fees charged on the vault. The deposits are currently added to the batcher contract. Please check the address mentioned on the vault page, under info tab before aping.

3) What are the deposit and withdrawal timelines?

Deposits and withdrawals are processed weekly on Friday at 15:00 UTC and automatically accepted/sent to the user's wallet post request within one hour. Requests made past this time frame are processed on Friday of the forthcoming week.

4) Help! I need a brief strategy explainooor.

Every Friday, we deposit the batched funds into our strategy via the "Hauler" contract. Once the batched funds are deposited on Fridays, Depositors will get PMUSDC tokens that reflects their position in the vault.

The Protected Moonshot DegenVault employs the following strategy, accessible to users via a simple single-sided deposit:

  1. USDC Stablecoins are deposited into blue-chip yield farms and pools to generate market-leading yields
  2. Weekly the yields are harvested and used to take leveraged systematic bets on crypto prices
    1. A momentum trading strategy aims to generate returns in all market conditions
    2. Initially, for v1, the interest is accrued on a weekly basis and is bridged to optimism. Leveraged positions are taken on Perpetual Protocol, using a momentum trading strategy.
  3. Profits from the weekly trades will be compounded back into the yield farm

The result is a simple way for DeFi users to protect their capital while at the same time maintaining exposure to the historic volatility and short term trading opportunities that crypto provides.

Read the full strategy modus-operandi here:

PMUSDC Main Vault: https://blog.brahma.fi/introducing-pmusdc-main-vault/

5) What are the risks associated with this strategy?

There are numerous risks associated with Protected Moonshot vault [USD, V1]: