# Vaults

**Step 1: Viewing Vaults and Strategies**

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The Earn page is divided into two sections:

* **My Positions**: Displays any active positions you currently hold in different vaults.
* **Vaults**: Shows all available vaults, including their associated **market pairs** (e.g., WSOMI-USDC), **strategies** (such as Kandel), and **vault managers** (e.g., Redacted Labs). Key metrics, such as Total Value Locked (TVL) and annual percentage yield (APY), are also shown if available.

1. **Vault Market**: Each vault lists the token pair it supports, such as **WSOMI-USDC**.
2. **Strategy and Manager**: Each vault is managed by a specific strategy (like **Kandel**) and a vault manager (such as **Elix.fi**).
3. **APY and TVL**: View potential returns (APY) and the total funds locked in the vault (TVL).
   * **Filter and Search Options**: Use the **Search Vault** bar to find a specific vault by name or market. You can also use the **Filter** button to narrow down the list based on different criteria.

**Step 2: Selecting a Vault and Viewing Details**

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1. **Select a Vault**: Click on a vault from the list to view more detailed information. This will open the **Vault Details** page, providing deeper insights into the vault’s performance and requirements.
2. **Vault Details Overview**:
   * **TVL and APY**: Shows the total value locked in the vault and its projected annual yield.
   * **Performance Fee**: This is the percentage fee taken by the vault manager from the profits generated.
   * **Strategy and Manager**: Details on the strategy used in the vault and the entity managing it.
   * **Deposit and Withdrawal Options**: The page provides sections for **Deposit** and **Withdraw**, allowing you to manage your funds within the vault.
3. **Vault Description and Charts**: Each vault includes a description (currently placeholder text in some cases) and a **performance chart** displaying metrics like APY and TVL trends over time. Charts labeled "Vault charts coming soon!" indicate that historical data is not yet available.

**Step 3: Depositing Funds into a Vault**

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1. **Deposit Section**: On the right side of the Vault Details page, you’ll find the **Deposit** section.
2. **Select Deposit Amount**:
   * You can deposit tokens like WSOMI or USDC by selecting the desired amount. Use the percentage shortcuts (25%, 50%, 75%, Max) to quickly choose how much of your balance you want to deposit.
3. **Confirm Deposit**: Once you’ve selected the amount, click the **Deposit** button. Confirm the transaction in your wallet to finalize the deposit.

   **Note**: Ensure you have enough tokens in your wallet for the selected deposit, as well as enough to cover any network fees.

**Step 4: Withdrawing Funds from a Vault**

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1. **Withdraw Tab**: Next to the Deposit tab, you’ll see the **Withdraw** tab. Click here if you wish to remove funds from the vault.
2. **Select Withdrawal Amount**: Choose the percentage of your funds in the vault you’d like to withdraw (25%, 50%, 75%, Max).
3. **Confirm Withdrawal**: Click the **Withdraw** button and confirm the transaction in your wallet to complete the withdrawal process.

   **Note**: Be aware of any withdrawal fees or delays that might apply depending on the vault’s strategy.

**Step 5: Monitoring Your Position and Rewards**

1. **My Position**: Under [**My Position**](https://app.elix.fi/earn?tab=Positions), you can track your current balances in the vault, including each token (e.g., WSOMI and USDC), the minted amount of any vault-specific tokens, and other details.
2. **Rewards**: Below My Position, you’ll see the **Rewards** section, which shows any rewards you’ve accrued from the vault. Click **Claim Rewards** to transfer any available rewards to your wallet.
