Understanding Maturity Date

explain what the Maturity Date is.

The maturity date is a crucial concept in Solomon DeFi Vault. It represents the specific date after which the fixed yield promised at the time of deposit is fully realized. Upon reaching this date, users can redeem their initial deposit plus the accrued interest.

For example, if you deposit 1000 USDC into a 3-month vault with a 20% annualized return, you will receive 1050 svUSDC at maturity. This ensures that your investment is stable and predictable, offering a clear timeline for when you can expect to receive your returns.