Altitude Docs
Launch App
  • GENERAL
    • Protocol Overview
      • Optimizing Borrowing Rates
      • Actively Managing Idle Capital
      • How do users interact with a vault?
        • Deposit
        • Borrow
        • Withdraw
        • Repay
        • Claim Rewards
        • Other user functions
      • Vault Health
      • Ingress Control
    • Yield Generation Process
      • What is a vault?
      • How much is deployed into yield farms?
      • When do we interact with Yield Farms?
        • Migrations
        • Liquidation of vault
      • How are yields recognised?
      • How are yields distributed?
      • How do we determine which Yield Farms to use?
    • The ALTI Token
    • FAQ
      • Early Rewards Program
      • About Altitude
      • What milestones have been hit so far by the Altitude Team?
      • What are the advantages of using Altitude?
      • How does it work?
      • What Oracles is Altitude using to determine the health of the vault?
      • When will Altitude enable more vaults?
      • How are yields generated?
      • How do my rewards change when I interact with the vault?
      • Who determines where unutilized assets are deployed?
      • How will Altitude work at times of high volatility?
  • Integrations
    • Lenders
  • Yield generation
  • Decentralized Exchanges
  • Smart Contracts
    • Vaults & Contracts
    • Audits
    • Security
    • Governance
  • Oracles
  • Resources
    • Risks
    • Terms of Service
    • Disclaimer
  • Contacts
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  1. GENERAL
  2. FAQ

How does it work?

Each supply/borrow currency pair is managed in a single vault, for example a wstETH-USDC vault, where a user can supply wstETH and borrow USDC. Vaults facilitate a few key functions, including:

  • Liquidations: enabling user funds to be liquidated when the users position becomes unhealthy

  • Lender Strategies: deploying user assets into the lenders where the best rates can be achieved

  • Farm Strategies: deploying previously dormant capital (active capital) to earn interest on the users behalf

  • Rebalancing: ensuring the vault position is always healthy by borrowing and repaying lenders when needed

  • Harvesting: recognising earnings from the Farm Optimisations and enabling distribution to users

  • Committing: updating user balances to recognise their latest position, including earnings from the farm strategy

  • Tokenization: tokenizing user supply and debt positions

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Last updated 11 months ago

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