MAXIMIZE
YOUR VAULT
Read more
↓
What is Vault Maxi?
- A vault management bot hosted either via AWS or your own full node
- Keeps your vault collateral ratio within a configured range
- Automatically reinvests rewards into your vault
- Maximizes your vaults rewards by using delta-neutral strategies
- Double mint: both dToken and dUSD are taken as loans
- Single mint: dToken (or dUSD) is taken as loan and dUSD (or DFI) is taken from collateral
- Open source since the beginning on GitHub →
Disclaimer
- Do not use this tool if you don’t understand vaults on defichain. If you set the wrong parameter, you risk liquidating your vault and losing the whole collateral.
- This is not financial advice and anyone using this tool is doing so at their own risk. Never invest more than you are ok to lose. We are using it ourselves but can’t guarantee that it’s working flawlessly in every edge case. We are not responsible for any lost funds.
- For additional safety we recommend using defichain dobby to monitor your vault.
- Follow the best practices for your AWS account which include using MFA and not using your root account to monitor the lambda.
Risks involved
The risks involved contain (but are not limited to) the following list. Do NOT use the tool if you do not understand their impact:
- Vaults on defichain and their liquidation
- Impermanent Loss
- Counter-party risk in the ecosystem
- Code bugs (in Vault Maxi or defichain itself)
- Ocean API downtime / server-outage
- Ocean API timeouts
- loss of funds due to hacks of your account
- loss of funds when you upload custom build zips from a scammer
- AWS closing your account, effectively stopping vault-maxi from working