Architecture
Auction Delivery
1min
When an auction ends, Option Premium (Depositors Reward) will be delivered to Vault Depositors (Option Sellers) and Option Contracts will be delivered to Vault Bidders (Option Buyers).
Before the expiration date of the option strategy (Vault Settlement), Vault Depositors (Option Sellers) are able to harvest or compound their rewards anytime. Reward (Premium) is determined by the vaulter and can be delivered in either $SUI or $USDC. If it is settled in the same token as your deposits, users can compound earnings into the vault.
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In the future, Vault Bidders (Option Buyers) will be able to trade their vaults under Typus RFQ Network, which is a secondary marketplace for Typus Vaults.
Please note that:
- It does not guarantee that all deposited amounts will get delivered, as the auction amount is limited and all deposits will be filled on a proportional basis according to the actual filled percentage.
- Some vaults will be filled at a certain leverage level. For instance, if a vault is under 25% leverage (0.25x leverage), it means that your maximum loss is 25% of your deposits.
- If your deposit is filled successfully, it will be in Active Balance during the Lockup Period. Otherwise, your deposit will stay in Warmup Balance and you can withdraw it anytime.
- Performance Fee will be pre-locked for 10% of the reward (premium). Vault Depositors (Option Sellers) can check their Reward (Premium) balance after vault settlement for possible fee refunds.
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