1.6 SashimiSwap Vaults

Introduction

SashimiSwap Vaults is SashimiSwap's assets management platform. Vaults invest the assets staked by users to conduct non-risky assets management through other DeFi products. It can automatically select and configure the best investment strategy based on factors such APY and safety. In addition, when the yield of each contract fluctuates, the Vaults will automatically adjust positions and transfer funds to help users get the highest financial returns. Users do not need to change any contract, which makes DeFi investment much easier to get started with.

Profit Distribution

The ratio of Performance Fee: 4.5%

Performance fee will be deducted from each Vault pool and deposited into Treasury. The profits after deducting the performance fee will be distributed to users in proprotion to their staking.

The ratio of Withdrawal Fee: 0.5%

In addition, withdrawal fee will be deducted when users withdraw. Among them, 1/4 of the withdrawal fee will be transferred to the Dev Fund, and 3/4 to Treasury.

Profit Strategy

The profit strategy is described as follows:

1. If you choose WETH-DAI UNI-V2 LP Vault and stake the corresponding token, you can obtain svToken as staking voucher.

2. The Vault stakes the UNI-V2 LP Token to the Uniswap pool.

3. UNI rewards will be earned in this pool.

4. The UNI awards earned will be converted to WETH in the Uniswap farm pool.

5. 50% of WETH will be exchanged for DAI.

6. At this time, adding WETH and DAI to the Uniswap DAI-WETH pool can obtain UNI-V2 LP Token. The UNI-V2 LP Token will enter the SashimiSwap Vault as the profits for the user's staking and can be recycled (a 4.5% Performance Fee will be charged when UNI-V2 LP Token enters the Vault).

7. If you need to use svToken to withdraw the staked assets, the corresponding proportion of the capital and profits will be withdrawn at the same time (a 0.5% Withdrawal Fee) .

Note: The description above takes the staking of WETH-DAI UNI-V2 LP as an example.

Fees Comparison

	SashimiSwap Vaults	Yearn	YFII	Harvest
Withdrawal Fee	0.5%	0.5%	-	-
Performance Fee	4.5%	5%	10%	30%

Contract Information

Vault Contract: https://etherscan.io/address/0x3884eab512bB0475100997271EC83163DAa944AE

The Vault Contract for each asset:

Pool	Staking Token and Reward Token	Contract Link
DAI-ETH Vault	DAI-ETH UNI-V2 LP	https://etherscan.io/address/0x56BB940D92AE9a45EBDc77e94C28B960CffD6168
USDC-ETH Vaults	USDC-ETH UNI-V2 LP	https://etherscan.io/address/0xc5D00a4E730fC2e1C77764A74E5F1308A460de7F
USDT-ETH Vaults	USDT-ETH UNI-V2 LP	https://etherscan.io/address/0x8E95bc97B0C1B88Aa8708206C85c06299F778648
WBTC-ETH Vaults	WBTC-ETH UNI-V2 LP	https://etherscan.io/address/0x81885d776D2963941ec7434F30D61B851E9697F
DAI Vaults	DAI	https://etherscan.io/address/0xe6cB949e11bEB2a7b48f4cb5bFD8724501cfdA91
USDT Vaults	USDT	https://etherscan.io/address/0x722669a18852c659110D4a1E44f9647Fc44EdCc2
USDC Vaults	USD	https://etherscan.io/address/0x4221330F24b26f20457f7c7c925CFc46b1541CA6

Tutorial

Step 1: Make sure your wallet is connected, and select the Vault on the "Vault" page.

Step 2: Take DAI-ETH Vault as an example. First Click the Arrow to expand the page, then enter the amount of the assets to be staked in the input box on the left. The transaction is then confirmed in the connected wallet. If the staking is successful, svToken will be obtained as the staking voucher. You can calculate current earnings based on “1 DAI-ETH svUNI-V2 = 1.000106175477081 DAI-ETH UNI-V2 LP” and APY.

Step 3: When withdrawing the staked Tokens, enter the amount of svToken in the right input box and click “Withdraw”, then confirm the transaction in the connected wallet to withdraw the staked asset (a 0.5% withdrawal fee will be charged) .