Introduction
What is a vault?
A vault is a smart contract that automates depositing capital into a DeFi protocol. Vaults also commonly pool capital from various users and create economies of scale through reducing gas costs and achieving higher levels of protocol incentives.
Vaults are a great way to participate in DeFi:
Minimal maintenance (compared to manually using a protocol)
Useful metrics to help evaluate opportunities (vault user interfaces commonly show APY, overall value locked in an opportunity, deposit history, etc.)
Helpful with discovering new protocols
Often cheaper to use than protocols directly, sometimes with higher returns
Guides: Jump right in
Follow our handy guides to get started on the basics as quickly as possible:
Fundamentals: Dive a little deeper
Learn the fundamentals of Yagi to get a deeper understanding of our main features:
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