Overview
Provide Liquidity And Earn From Multiple Sources.
Earn Vaults
Vault Fundamentals
Drake's vault system is the liquidity backbone of the protocol, serving as the AMM counterparty to traders. Unlike traditional constant-product AMMs, Drake's vaults operate like professional market-making firms.
Key Characteristics:
✅ No Impermanent Loss: Vaults don't use bonding curves (x*y=k) ✅ Oracle-Aligned Pricing: Quote at fair market prices, not manipulable pool ratios ✅ Active Management: Dynamic risk controls and exposure limits ✅ Multiple Revenue Streams: Trading fees, funding, borrowing, spreads, counterparty PnL ✅ ERC-4626 Compliant: Standard vault interface for deposits/withdrawals
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