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Deposit and Withdraw

This page covers the practical details of moving MOTO in and out of the Catpound vault.

Depositing

How to Deposit

  1. Navigate to the Vaults page on the Catpound app and click into the MOTO Auto-Compounder vault.
  2. Enter the amount of MOTO you want to deposit (or click Max).
  3. If this is your first deposit, click Approve MOTO and confirm in OPWallet. Wait for confirmation.
  4. Click Deposit MOTO and confirm in OPWallet.
  5. After the transaction confirms, cpMOTO shares will appear in your wallet.

Catpound vaults page with strategy cards

What Happens to Your MOTO

  • Your MOTO is transferred to the vault contract and enters the liquid buffer.
  • At the next compound cycle, most of it gets staked into MotoChef (keeping a reserve for exits).
  • From that point on, it earns rewards that are auto-compounded.

How Many Shares Do You Get?

The number of cpMOTO shares you receive depends on the current exchange rate:

Shares = Deposit Amount x Total cpMOTO Supply / Total Assets

If the share price is 1.05 (meaning each cpMOTO is worth 1.05 MOTO), depositing 1,000 MOTO gives you approximately 952.38 cpMOTO.

Deposit Cap

The vault may have a deposit cap configured to limit total deposits during early stages. If the cap is reached, deposits are temporarily blocked until the cap is raised or removed.

Withdrawing

How to Withdraw

  1. Navigate to the Vault page on the Catpound app.
  2. Switch to the Withdraw tab.
  3. Enter the amount of cpMOTO you want to redeem (or click Max).
  4. The interface will show you how much MOTO you will receive, including any exit fee.
  5. Click Withdraw and confirm in OPWallet.
  6. After confirmation, MOTO will arrive in your wallet.

Exit Fees

The exit fee depends on when you withdraw relative to the compound cycle:

  • During the free exit window: 0% fee. This is the period when the vault window is open.
  • During the silent phase: A fee applies, starting at the maximum for your tier and decaying linearly to 0% over approximately 2,001 blocks (roughly 14 hours).

The interface shows your current exit fee and the number of blocks remaining until it reaches 0%.

See the Fee Structure page for full details and examples.

Where Does the Exit Fee Go?

Exit fees are not sent to the treasury. They remain in the vault, increasing total assets relative to total shares. This effectively redistributes the fee to all remaining depositors, rewarding long-term holders.

Withdrawals From the Liquid Buffer

Withdrawals are served from the vault's liquid buffer. If the buffer is insufficient for your withdrawal amount, the transaction will revert with an "Insufficient liquid balance" error. In that case, wait for the next compound window, which unstakes everything and makes all MOTO available.

Withdrawals Are Always Available

Even if deposits are paused (an admin safety feature), withdrawals continue to work normally. The vault never locks your ability to exit.

Tips

  • Use the free exit window to avoid fees entirely. Check the "blocks until free exit" counter on the vault page.
  • The Max button fills your full cpMOTO balance for withdrawals or your full MOTO balance for deposits.
  • Approval is one-time: You only need to approve MOTO spending once. Subsequent deposits skip this step.
  • Be patient with confirmations: Bitcoin blocks take approximately 10 minutes. Your transaction will confirm with the next block.