The Vaults page

/vaults (Vaults in the top bar) lists every place you can put money to work behind POC's options, with your position in each.

Put vaults (USDC)#

One per established token (NEET, ANSEM, ZCAT, PAID). Your USDC backs the daily capped put spreads and earns their premiums; it pays out when the token settles below a strike.

• Deposit / withdraw: requests are queued and processed at the daily 20:00 UTC settlement, at that day's share price. Then press Collect. The row's link opens the vault's own page with the deposit, withdraw and collect buttons.
• The table shows the APY, deposits, the part that is free, the part backing open puts, the share price, the cap per expiry and your position. Click a row to open that vault.
• APY is the realized change in share price over the last 30 days of daily settlements, annualized, read from the vault's own settlement records on chain. A vault with under 7 days of history shows "new" and its return so far instead, because annualizing a day or two of premiums gives a meaningless number. Past returns are not a forecast: a day that settles below the strikes pays buyers out of the vault.

Backer pools (SOL)#

One per POC coin. Backers lend SOL that the coin's launch vault borrows only when its calls need more cover than the stake (never before the coin bonds). The vault repays first from its income, and backers get a share of the coin's creator fees (up to 30%, in proportion to how full the pool is).

• Deposit: enter SOL and press Deposit. Each pool has a cap per launch (1 SOL for coins launched from the app); the Room column shows what is left.
• Locked for 1 day after a deposit, and withdrawals wait while the vault owes the pool.
• Withdraw all returns your share of the pool; Claim collects your share of the fees.
• A withdrawal inside the lock is refused with Locked.