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Unlike traditional vault, there is no need to unstake here, but withdraw the amount based on the realtime accrued interest.
The shares/tokens - COMP (received when DOT deposited) can be put into DeFi liquidity pools further for yield farming purpose. The COMP tokens can be used in these ways:
liquidity pool in a DEX
lending/borrowing pool
used as collateral into Active pool to mint stablecoins.
This token can be acceptable in protocols like Yeti Finance.
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Auto-compounding Vault
Overview
Unlike traditional vault, there is no need to unstake here, but withdraw the amount based on the realtime accrued interest.
The shares/tokens -
COMP
(received whenDOT
deposited) can be put into DeFi liquidity pools further for yield farming purpose. TheCOMP
tokens can be used in these ways:Interface
Dispatchables
deposit
redeem
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