Soloman Vault Docs
  • Introduction
    • Overview
    • Key Features
    • Why Solomon Vault?
    • How the Vault Works
      • Understanding Maturity Date
      • How Fixed Yield is Determined
      • Redeem Policies
      • Risks and Considerations
    • FAQs
      • General
      • Deposits and Rewards
      • Rebate Mechanism
    • V2 RoadMap
  • Getting Started
    • How to Deposit
    • Redeeming svUSDC
    • Early Withdrawal Guidelines
    • Supported Assets
  • Rebate Mechanism
    • What is the Rebate Mechanism?
    • Increasing Your Rebate Rate
    • Rebate Calculation
    • Quarterly Rebate Settlement
    • Rebate Rate Decrease Conditions
  • Security and Audits
    • Audits and Security Measures
    • Smart Contract Risks
    • How to Protect Your Funds
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  • Connect Your Wallet
  • Choose a Vault:
  • Enter Deposit Amount:
  • Confirm Transaction:

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  1. Getting Started

How to Deposit

Depositing into Solomon DeFi Vault is a straightforward process designed to be accessible to both novice and experienced users. Here’s a step-by-step guide:

Connect Your Wallet

  • First, you need to connect your cryptocurrency wallet to the Solomon DeFi platform. We support popular wallets like MetaMask, Trust Wallet, and Ledger.

Choose a Vault:

  • Once your wallet is connected, browse the available vaults. Each vault will have different terms, APY, and risk factors. Review these carefully to choose the one that best suits your investment goals.

Enter Deposit Amount:

  • After selecting a vault, enter the amount you wish to deposit. The platform will display the expected yield and the maturity date based on your deposit amount and the vault’s APY.

Confirm Transaction:

  • Finally, confirm the transaction in your wallet. Your deposit will be processed, and you will receive svUSDC tokens representing your investment and the fixed yield that will accrue by the maturity date.

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Last updated 6 months ago

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