Using Vaults

Once you have a wallet and some devnet tokens you can head over to our app and connect your wallet.

Creating a vault

Once you connect your wallet you'll be taken through the onboarding screen where you can create a new vault.

Make sure that you save your vault address. You'll need it in the future to import the vault if you change computer.

Vault Actions

Once the vault has been created you'll see the vault overview.

Here you can deposit some Mina into your vault . Once you have deposited, youll be able to borrow zkUSD against your deposited collateral. You'll also be able to repay that debt and withdraw your collateral inside.

Health Score & Loan To Value

The health score and loan to value (LTV) let you track the overall financial health of your vault. Your vault must always be above 100 health score otherwise it could be liquidated. It is your responsibility to ensure your vault is sufficiently collateralised.

You won't be able to withdraw the collateral locked inside your vault if it means that your health score will drop below 100, so you must have paid back enough of your outstanding debt to withdraw your desired collateral.