Strategy Flow

USDC Vault

The strategy flow can be summarized in 6 steps as shown below:

For this specific strategy, USDC is the only digital asset used for both entering and exiting the vault. During steps 3 and 4, assets are locked and users are not able to withdraw. Users have to wait for the product to early terminate or reach maturity in order to redeem assets from the vault.

ETH Vault

The ETH Vault has a similar framework to the USDC Vault. However, users have two options to enter and exit the vault.

• Option [1]: Enter/exit the Vault directly with wstETH

• Option [2]: Enter/exit the Vault with ETH or stablecoins (USDC, USDT or DAI)

To provide flexibility, users are offered two options for deposits and withdrawals. By choosing the option [2], users benefit from the integrated zap-in feature which bundles the swap and deposit functions to optimize for gas fees. Moreover, users are also able to modify the slippage tolerance to guarantee the minimum output amount. Amphor integrated the zap-in/out function for user convenience and does not charge any fees on top of swaps.

BTC Vault

The BTC Vault has a similar framework to the ETH Vault providing the same two options to enter and exit the vault either directly with wBTC or with other whitelisted assets supported by the zapper feature.

• Option [1]: Enter/exit the Vault directly with wBTC

• Option [2]: Enter/exit the Vault with ETH/wstETH or stablecoins (USDC, USDT or DAI)

The zap-in/out function is purposed for user convenience and does not charge any fees on top of swaps.