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Vaults

Catpound runs five auto-compounding vaults. You pick the one matching the token you want to hold, deposit it, and receive a receipt token that grows in value as the vault earns yield.

The five vaults​

VaultYou depositWhat it does for you
cpMOTOMOTOStakes in MotoChef, auto-compounds back to more MOTO
PILLPILLAuto-compounds PILL farm rewards
MCHADMCHADAuto-compounds MCHAD farm rewards
OrangePill MOTOMOTOEarns PILL from OrangePill farm, compounds back to MOTO
OrangePill MOTO/PILL LPMOTO/PILL LPEarns PILL, compounds back into more LP

Hold the token you want exposure to — the vault handles the rest.

How it feels as a user​

  1. Deposit your underlying.
  2. Receive a receipt token (cpMOTO, cpPILL, etc.) in your wallet.
  3. Hold it. Over time, each receipt token becomes worth more of the underlying because the vault keeps harvesting and redepositing rewards.
  4. When you want out, redeem — you get back the underlying, grown by the accumulated yield minus a protocol fee on the gains.

That's the whole user flow. No manual claiming, no per-cycle transactions, no timing games.

Receipt tokens​

Your receipt token is an OP-20 (like any other fungible token on OPNet). It's fully transferable — send it to another wallet, trade it, hold it elsewhere. Whoever holds the receipt token can redeem it.

Fees​

One fee: a flat 10% protocol fee on the rewards you earn while deposited. Taken at compound time, sent to the treasury, re-stakes the remaining 90% on your behalf. Your principal is never touched.

See Fee Structure.

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