Overview
The pre-deposit vault is the first phase of the Tori Ecosystem Vault, curated by RockawayX via Upshift. Deposit USDC or USDT to earn yield and Cores from the first day, with a 2x Cores boost for the length of the phase. Season 1 of Cores begins June 23 with this phase, and fees are waived while it runs.Cores
See how Cores work and how the 2x boost is applied.
Details
| Detail | Description |
|---|---|
| What it is | First phase of the Tori Ecosystem Vault, curated by RockawayX via Upshift |
| Cap | $50M |
| Collateral | USDC / USDT |
| Chain | Ethereum |
| LP token | etrUSD |
| Fees | Waived during pre-deposit |
| Cores | 2x boost, 30 Cores per dollar per day |
| Lock-up | 30-day hard lock-up during the pre-deposit phase |
How Yield Works
Yield accrues through share price appreciation. As the vault earns, each etrUSD becomes worth more. Your token balance stays the same, so there are no manual claims and no rebasing.Lock-Up and Withdrawals
During the pre-deposit phase, deposits sit under a 30-day hard lock-up and cannot be withdrawn until it ends. After the phase, the vault converts to the Ecosystem Vault with a soft lock-up and a 7-day withdrawal period.| Phase | Lock-up | Withdrawals |
|---|---|---|
| Pre-deposit | 30-day hard lock-up | Locked until the period ends |
| Ecosystem Vault | Soft lock-up | 7-day withdrawal period |
Protocol Cover
Protocol cover for the pre-deposit vault is available through Nexus Mutual, covering smart contract and oracle risk. Cover is live from day one, and you can purchase it directly on the Nexus Mutual app.Verification
The vault is verified independently on two fronts.| Source | What It Provides |
|---|---|
| Accountable | Proof of solvency |
| RockawayX | Independent monitoring |
Next Steps
Cores
How the points program works
Referral Program
Earn 10% of your referrals’ Cores