# Introducing Fluid Lite Welcome to Fluid Lite ### Your Gateway to Simplified, High Performance DeFi Yields Fluid Lite is the premier all in one yield platform built on Instadapp’s DeFi Smart Layer, designed to help anyone earn the best **ETH** **and stablecoin yields** without needing deep DeFi knowledge. With Fluid Lite, users access powerful strategies like **leveraged staking, automated yield optimization, and cross protocol liquidity routing**, all from one simple interface. Fluid Lite brings the sophistication of advanced DeFi strategies to users in the most intuitive way possible, combining Ethereum’s Proof of Stake rewards, top lending markets, and optimized stablecoin flows to deliver consistently high yields. ### More Than a Vault: The Simplest Way to Unlock the Best ETH and Stablecoin Yields Built on years of expertise simplifying DeFi, Fluid Lite transforms complex mechanisms, looping, collateral management, automated leverage, yield routing, and reward compounding, into a seamless experience for everyday users. #### ETH Yield Strategy - Fluid Lite amplifies ETH staking yields through a diversified approach across **stETH, wstETH, weETH,** and leading lending protocols, while also stacking **KING rewards** for boosted returns. #### Stablecoin Yield Strategy - Fluid Lite optimizes stablecoin deposits, such as USDC, by routing liquidity across high performing stable assets like **sUSDe, syrupUSDC, syrupUSDT and sUSDai,** and leveraging lending/borrowing loops across Fluid and Aave V3. This delivers **higher, more stable, and safer USD yields** than traditional lending. ### Why Fluid Lite? **Fluid Lite makes advanced DeFi strategies simple and accessible.** By combining Ethereum staking rewards, stablecoin yield opportunities, and integrations with leading lending protocols, Fluid Lite automates complex strategies like looping, collateral management, and reward compounding. This allows users to **earn strong ETH and USD yields** without needing deep DeFi expertise. **Key Benefits:** * **Automated Strategies -** Complex DeFi strategies like looping, leverage management, and reward compounding run automatically. * **Gas Efficient and Cross-Protocol -** Fluid Lite routes liquidity across multiple protocols while reducing transactions and gas costs. * **Amplified ETH Staking Yields -** Earn higher ETH rewards through exposure to stETH, wstETH, and weETH combined with lending strategies. * **Optimized Stablecoin Yields -** Stablecoins are routed across assets like sUSDe, syrupUSDC, syrupUSDT, and sUSDai while leveraging Fluid and Aave V3. Whether you’re a beginner or a pro, Fluid Lite provides a safe, flexible, and automated path to growing your assets through. **Fluid Lite makes advanced DeFi effortless, so you can earn more, worry less, and grow smarter.** ### Learn More about Fluid Lite {% content-ref url="/pages/HqJ6BLaRrMGfg70yHqJk" %} [Getting Started](/getting-started/getting-started-with-fluid-lite) {% endcontent-ref %} ### Using Fluid Lite {% content-ref url="/pages/8CPABkAVxziUC9BLugpZ" %} [Information](/information/risks) {% endcontent-ref %} # Getting Started With Fluid Lite Fluid Lite lets you earn higher yields on ETH, stETH, and USDC stablecoin using automated looping strategies, all managed for you in the background. Fluid Lite is an all-in-one yield platform built on Instadapp’s DeFi Smart Layer, created to make earning optimized ETH and stablecoin yields simple for everyone. It brings advanced strategies, such as leveraged staking, automated yield optimization, and cross-protocol liquidity routing - into a single, easy-to-use interface, removing the need for deep DeFi expertise while maximizing capital efficiency. ## How Fluid Lite Works You deposit your asset (USDC or ETH/stETH), and the vaults automatically boosts your yield by: * Supplying your asset to lending markets. * Borrowing against it. * Swapping and re-depositing (looping). * Auto-compounding * Managing risk 24/7 No manual actions or active management required. ## How to use Fluid Lite ### 1. Connect Your Wallet * Supports MetaMask, WalletConnect, Coinbase Wallet, Rabby, and more.

Connect with your Wallet Provider

### 2. Choose a Vault Select the vault for the asset you want to deposit (USDC or ETH/stETH).

Select your preferred vault (ETH or USDC) to begin earning

### 3. Deposit Follow these steps to deposit into a Fluid Lite vault :- 1. Select your preferred vault (**USDC** or **ETH**). 2. Click **Start Earning**. 3. Enter the amount you want to deposit. 4. Review the details and confirm the transaction in your wallet. After the transaction is confirmed, you will receive vault receipt tokens (**fLiteUSD** or **iETHv2**) that represent your share in the vault.

Put your USDC to work

ETH staking made effortless. One click, top-tier yields

That’s it, your yield starts automatically **🎉** ### 4. Withdraw You can withdraw your funds at any time by following these steps :- 1. Select the vault you have deposited into. 2. Click **Withdraw**. 3. Enter the amount you want to withdraw (USDC or ETH/stETH). 4. Confirm the transaction in your wallet.

Withdraw your funds at any time, instantly

Once confirmed, your assets will be transferred back to your wallet. {% hint style="info" %} Fluid Lite charges a **0.05% exit fee**, which is directed to the DAO as protocol revenue. {% endhint %} # Fluid Lite ETH Vault Amplifying ETH staking through automated leverage. Fluid Lite generates high yields by using lending protocols to amplify two main sources of returns: * **ETH Proof of Stake rewards** (stETH Vault) * **Stablecoins lending rates** (USD Vault) Fluid Lite intelligently routes positions across multiple lending markets, currently **Compound, Aave V3, Spark, and Morpho,** to achieve the best possible APRs. ### stETH Vault: weETH-ETH Leverage Strategy This vault takes **ETH or stETH**, then automatically converts deposits into the optimal mix of **wstETH and weETH**. It then: * Supplies this collateral across multiple lending markets. * Borrows ETH. * Swaps borrowed ETH back into wstETH/weETH. * Loops this process to create a leveraged staking position. Through this continuous loop the base Ethereum staking yield is amplify. This vault earns **weekly KING rewards** from weETH collateral. These are converted to ETH and distributed to users weekly.

A simplified view of Fluid’s leveraged ETH yield strategy.

### **Long Term Steady Yields** Ethereum’s proof of stake rewards will be generated in perpetuity! Unlike other DeFi yields that require emissions of DAO tokens, or secondary incentives, staking rewards are a consistent and reliable source of yield, arguably the best DeFi yield on the market! This makes Fluid Lite ideal for both short and long term holding. # Fluid Lite USD Vault Enhancing Stablecoin Lending with Automated Leverage **Fluid Lite USD is a yield-generating stablecoin vault that grows your balance over time.** Your funds are automatically deployed across optimized strategies so you can earn steady yield without actively managing positions. No staking. No claiming. No position management. Yield accrues through a rising exchange rate under the ERC-4626 standard. The vault automatically applies the higher of two rates - a fixed base rate (a guaranteed floor set by the protocol) or a reward-driven rate funded by a rewards pool. When TVL is lower, the reward rate is higher, benefiting early depositors. As more capital enters the vault, the reward rate gradually adjusts and converges toward the fixed base rate. Deposit once. Earn automatically. Withdraw more. ### **USD Vault: Diversified Leveraged Stablecoin Yields** The vaults accepts **USDC deposits** and issues **fLiteUSD** in return. These tokens are held in your wallet and increase in value over time as yield is generated. Deposits are then converted into an optimal mix of **yield bearing stablecoins** such as **sUSDe, syrupUSDC, syrupUSDT, and sUSDai**. This vault automatically: 1. Deposit a yield-bearing stablecoin as collateral into a lending protocol 2. Borrow a stablecoin against that collateral 3. Swap the borrowed stablecoin back into more yield-bearing collateral 4. Repeat the loop to amplify the overall position This structured looping increases exposure to lending yields in a capital-efficient way, while the vault automatically manages the process in the background.

A simplified overview of the Fluid Lite USD yield strategy.

### Built on Proven Infrastructure Fluid Lite USD is built on **Fluid**, a battle-tested DeFi protocol - not from scratch. The vault follows the **ERC-4626 standard**, the most widely adopted tokenized vault standard in DeFi, allowing seamless integration with wallets, dashboards, and other protocols. The underlying strategies are deployed across **three chains (Ethereum, Arbitrum, and Plasma)** and leverage **Aave and Fluid** - helping diversify risk while optimizing yield opportunities. Additionally, a reserve mechanism is in place to help manage short-term fluctuations and maintain a consistent user experience. ### **Exchange Rate Mechanism** The exchange rate between fLiteUSD and USDC is the core of the system. It determines how much USDC each fLiteUSD token is worth, and it only ever goes up. Here's how: $$ ExchangeRate = lastCheckpointRate × (1 + max(fixedRate, rewardRate) × timeSinceCheckpoint) $$ The **fixed rate** is a governance-set annual rate (e.g., 6%) that acts as a floor. The **reward rate** is derived from a reward pool divided by total vault shares. The exchange rate updates via checkpoints triggered by any vault interaction, whether initiated by a user (deposit or withdraw) or by system-level configuration changes. #### How Yield Accrues * Yield in the USD Vault accrues continuously. * The exchange rate of fLiteUSD updates on every interaction with the vault. Yield accrues continuously in the background, and it is applied to the exchange rate at the time of the next checkpoint (e.g., deposit, withdraw or configuration update). * Weekly reconciliation does **not** control compounding. It is only used to rebalance strategies and aggregate cross-chain positions. * Withdrawing mid-week does **not** forfeit earned yield. However, the vault charges a 5 bps (0.05%) withdrawal fee, so very short-term deposits may earn less than the withdrawal fee. ### Weekly Reconciliation Each week (typically on Sundays), the system performs a reconciliation process. During this time, bridging is temporarily paused while the protocol aggregates net asset values across all chains and lending markets. This ensures an accurate calculation of total assets, total liabilities, and the current reserve position.
{% hint style="info" %} During the \~3–4 hour reconciliation window bridging is temporarily paused. {% endhint %} ### Multi-Chain Architecture While your USDC deposit happens on **Ethereum Mainnet**, the underlying strategies operate across **three chains**: Ethereum (Mainnet), Arbitrum and Plasma.

An overview of the multi-chain architecture behind fLiteUSD

Different tokens have native support on different bridges. Cross-chain capital movement uses **CCIP** (Chainlink) and **LayerZero OFT** bridges depending on the token. This is managed automatically - you never need to bridge anything yourself. This movements are all managed automatically by the **Strategy Handler.** ### The Strategy Handler The **Strategy Handler** acts as the core coordinator of the USD Vault. It sits between the vault and the per-chain strategy contracts, managing capital allocation and execution logic. It is built using the **Infinite Proxy pattern**, a modular architecture where functionality is separated into upgradeable modules: * **Admin Module** — Governance controls such as adding or removing strategies and updating parameters * **Rebalancer Module** — Executes capital movements, leverage adjustments, and token swaps * **View Module** — Provides read-only data like net asset values and rate calculations * **Bridging Module** — Handles cross-chain transfers and synchronization

Multi-Layer Yield Execution Framework

This modular design allows individual components to be upgraded independently while keeping the system flexible and secure. ### **Strategy Contracts & DSAs** Each supported chain has a **Strategy Contract**, also built on the Infinite Proxy pattern. These contracts own and manage **DSAs.** Each DSA represents a single position (e.g., "sUSDe/USDC on Fluid"). The strategy contracts can hold multiple DSAs, giving it the ability to run many parallel positions across different collateral/debt pairs and protocols on the same chain. ### Reserve System The vault maintains reserves that act as a buffer to support a more stable and consistent experience over time. If strategy returns temporarily fall below the base rate, reserves can help smooth the difference. When performance is stronger, excess yield contributes back to the reserves. This mechanism is designed to reduce short-term fluctuations and improve overall predictability of returns. ### Putting It All Together :tada: Here’s how your USDC deposit generates yield within the system: * You deposit USDC into the **fLiteUSD vault** * Idle USDC is deployed into Fluid’s USDC vault (**fUSDC**) as the base allocation * Rebalancers distribute capital across chains using **CCIP and LayerZero bridges** * On each chain, strategy contracts initiate leverage loops on **Aave** and **Fluid** * Yield accumulates from the spread between collateral returns and borrowing costs * Weekly reconciliation tallies everything up and **updates the exchange rate** * When you withdraw, your **fLiteUSD** redeems for **more USDC** than originally deposited # Vaults Features Information on Lite Vaults v2 Fluid Lite utilizes **stETH, wstETH** and **weETH** (tokenized staking deposits on Ethereum that earn daily staking rewards) as well as yield bearing stablecoins such as **sUSDe , syrupUSDC, syrupUSDT and sUSDai,** together with core stablecoins like **USDC**. By using these assets as collateral in lending protocols, the vault borrows (ETH for the stETH vault and stablecoins for USD), swaps back instantly, and redeposits looping continuously to leverage and amplify the base yield. ## Tokenized Vault Deposits All deposits into Fluid Lite ETH vaults are tokenized as **iETHv2**, while USDC deposits are tokenized as **fLiteUSD**. These tokens represent your share in the vault and are redeemable for your original deposit plus accrued interest. #### ERC-4626 Standard Fluid Lite vaults utilize the ERC-4626 vault standard. Making the Lite vaults even easier to integrate and utilize across DApps. Looking to integrate Lite vaults? Reach out to us on [Discord](https://discord.gg/dV36vkcbGK) or [Twitter](https://x.com/0xfluid). ## Multi-Protocol Strategy v2 & v3 Vaults can execute leverage strategies across multiple protocols. Lite Vaults deliver the most competitive rates by using multiple protocols. *Vault supported protocols:* Compound, Aave V3, Spark, and Morpho. {% hint style="info" %} You can view which protocols are actively in use by the Lite vault in [Vault Analytics - Vault TVL by Protocol](https://dune.com/queries/2352792/3853881) {% endhint %} ### Smooth Withdrawal Pool The Lite Vault utilizes a leveraged strategy, which may limit liquidity availability. However, with enhanced withdrawals and multi-protocol support, funds can be efficiently rebalanced between protocols, leading to smoother withdrawals and higher withdrawal ratios. ## Vault Rebalancing Fluid Lite Vaults will periodically rebalance either automatically or by an assigned role. Rebalancing can move funds to the withdraw pool, rebalance the vault or deleverage under unfavourable market conditions. **Automatic Rebalancing** Lite vaults use an automation server which can under certain circumstances rebalance or unwind the vault to prevent liquidations or to make more withdraws available. \ \ **Assigned Rebalancers** Lite v2 introduces the 'Rebalancer' role, an on-chain account responsible for executing transactions within the vault. The Rebalancer can refinance and transfer funds between protocols, as well as leverage the vault, all within predefined parameters set by Governance. However, it is important to note that the Rebalancer does not have the ability to withdraw funds from the vault.
### Rebalancer Class System (Lite v3 – USD Vault) To protect fLiteUSD deposits and the leveraged strategies that generate yield, Lite v3 introduces a **three-tier permission model**. Each level controls which actions operators can perform on the vault and strategy infrastructure, limiting risk exposure while allowing routine maintenance and rebalancing. #### Class 1 - Basic Operations * Deploy idle USDC from the **fLiteUSD vault** into the default vault (**fUSDC**) * Refinance positions between protocols * Perform routine, low-risk operations #### Class 2 - Standard Operations Includes all **Class 1 permissions**, plus actions required to actively manage fLiteUSD strategies across protocols and chains: * Withdraw USDC from the default **fUSDC** vault when capital is needed * Allocate or remove capital from **strategy contracts** * Bridge assets across supported chains (Ethereum, Arbitrum, Plasma) * Trigger reconciliation to update the system’s total assets #### Class 3 - Full Operations Includes **Class 1 and Class 2 permissions**, plus high-privilege actions that directly modify leveraged positions used by fLiteUSD strategies. * Open new leverage positions * Close or deleverage existing positions * Execute swaps required for strategy execution * Update strategy parameters such as rate thresholds or risk limits These operations directly impact the **leverage engine that drives fLiteUSD yield**, and therefore require the **strictest security controls and governance oversight**. #### Security Model {% hint style="info" %} Each rebalancer class is assigned to separate authorized addresses (typically multisigs or automated bots). By splitting permissions across tiers, the system minimizes risk exposure - for example, a compromised Class 1 rebalancer cannot open leverage positions or withdraw capital. {% endhint %} ### Learn More #### Instadapp Blog: Launching Lite v2 {% embed url="" %} # Vault Receipt Tokens ERC-20 Tokens Representing Your Share in the Vault When you deposit into Fluid Lite ETH vaults, you receive iTokens, which represent your deposited assets plus accrued interest. For USDC deposits, you receive fLiteUSD, the vault’s ERC-4626 receipt token. Both iTokens and fLiteUSD are standard ERC-20 tokens that represent your share in the vault. These tokens are held in your wallet and can interact seamlessly with other DeFi applications that support ERC-20 standards. ![Hold, Redeem, or Send! Your deposits on Lite are standard ERC-20 tokens ](/files/TUqBtaF8xv7IYfVohvj6) ### Accounting Benefits iTokens (ETH vaults) and fLiteUSD (USD vaults) simplify accounting by minimizing transaction complexity. * For **fLiteUSD (USD vault)**, your token balance remains constant while the **exchange rate increases over time**, reflecting accrued yield. When redeemed, fLiteUSD returns your original deposit plus interest. * For **iTokens (ETH vaults)**, the tokens represent your deposit plus accrued yield within the vault structure. This design reduces on-chain reward transfers and makes yield tracking more streamlined. ## Token Contract Addresses **iETHv2** - 0xA0D3707c569ff8C87FA923d3823eC5D81c98Be78 **fLiteUSD** - 0x273DA948ACa9261043fbdb2a857BC255ECC29012 [See iETHv2 token information on Coingecko](https://www.coingecko.com/en/coins/instadapp-eth-v2) # Risks What are some of the risks? **Decentralized Finance and products like Fluid Lite are uniquely designed and we recommend users take time to fully understand the mechanisms and unique risk to using DeFi Applications.** ### What are the risks of using Fluid Lite? Fluid Lite harnesses multiple DeFi protocols and strategies to generate passive yields, but it comes with inherent risks including smart contract bugs, market volatility, and vulnerabilities such as oracle or price manipulations. By utilizing staked assets and leverage, Fluid Lite aims for high yields, but users should be aware of the associated protocol, smart contract, and market risks involved. ### Sustainable Yields We strive to create a sustainable and long lasting product, as such Fluid Lite is built on long established DeFi protocols and handles highly liquid DeFi strategies. This ensures that under any market conditions vaults can be safely deleveraged or adjusted with minimal to no loss. Under unfavorable deleveraging events the vaults may incur losses. ### Rebalances and Temporary Losses Vaults can be deleveraged through our automation server. If vault gets risky it can first refinance into another protocol to maintain safety, or it can deleverage by selling their respective collateral and paying back debt. This kind of automation, if required or triggered, may incur losses caused by trading slippage. ### DeFi Legos: Multiple Protocol Usage \ Fluid Lite utilizes multiple protocols to create one strategy; utilizing more protocols creates more inherent risks by utilizing more code and dependencies. For users to fully understand the risks associated with utilizing a complex Defi Lego they must be able to evaluate the risks associated with their components. Fluid Lite uses leading lending protocols like **Aave, Euler, Compound, Morpho etc.** At any time the vault may have a part or all of its assets in any particular protocol. If an underlying protocol used by the vault were to incur losses, users would assume losses in proportion to the funds supplied to that protocol by the vault. ***We advise users to learn more about these protocols to fully understand their individual risk profile to better understand their risk when they are utilizing in conjunction and used on Instadapp Lite.*** ### Yield Bearing Derivative Tokens Fluid Lite vaults are built on yield bearing derivative tokens that serve as key assets in our automated strategies. * **stETH** / **wstETH:** Backed 1:1 by ETH on the Beacon Chain, earning daily Ethereum Proof of Stake rewards. * **weETH:** Restaked ETH, earning Proof of Stake rewards plus weekly KING rewards. * **sUSDe:** Synthetic dollar backed by staked assets and delta neutral short perpetuals, earning funding rates and staking yield. * **syrupUSDC /syrupUSDT:** Yield bearing stablecoins backed by USDC/USDT reserves. * **sUSDai:** Yield bearing synthetic dollar backed by GPU-collateralized loans financing AI infrastructure. These derivative, yield bearing tokens are the core building blocks Fluid Lite vaults leverage and amplifies. ### Leverage Strategy Fluid Lite utilizes a recursive strategy with deposited assets on lending protocols, enabling borrowing against them. Users should be aware of the risks involved in leveraged strategies. Leverage in DeFi can provide increased asset exposure but also requires careful consideration due to the unique nature of code-based governance and on-chain lending markets. ### Automation and Autonomous Execution Lite Vaults have automation functions which automatically rebalance the vault during market changes. Automations are executed on chain and carry their own inherent risks such as price oracles issues, smart contract bugs or other blockchain or other technical errors. ### Governance Changes to Underlying Protocols Fluid Lite leverages various DeFi protocols, each governed by its own system. The Lite Vaults may need to adjust to unforeseen changes in these underlying protocols, which are beyond calculability. Users of Fluid Lite understand and accept that Governance or the Instadapp team may make necessary changes in response to the independent protocols. ### DAO Governance The Fluid Lite vaults are managed by **DAO governance**. Governance can set parameters and ranges for leverages within protocols. Governance may approve or remove protocols from the vaults available strategies. Governance can also assign **Rebalancers** a permissioned role which can leverage and refinance the vault within the parameters set by Governance. *Rebalancers do not have the ability to withdraw funds from the vault.* **Team Multi-Sig** has some limited and emergency management access. The Team Multi-sig does not have access to funds and cannot withdraw or move funds. The team multi-sig can reduce the ratio set for a particular protocol, temporarily pause withdrawals and pause rebalancing; these functions do not change ownership of the assets in the vault. *Team Multi-Sig:*\ `0xa8c31E39e40E6765BEdBd83D92D6AA0B33f1CCC5` *By using Fluid Lite you agree to the risks and accept any changes the team may implement to the vaults such as any parameters, settings or changes to code, etc.* # FAQs ### **What is Fluid Lite?** Fluid Lite is a staked leveraged strategy utilizing Ethereum staking rewards and a combination of DeFi protocols. Simple deposit funds into your desired Lite Vault and your deposits are set to the yield earning strategy. Fluid Lite maximizes your gains by reducing the number of transactions, saving on gas and automates fee collection. ### **What is a DeFi Strategy?** A DeFi strategy is the steps, process and method for maximizing the yields from this process. This can involve a series on chain transactions such as swaps, migrating funds, leveraging protocols, claiming staking rewards and other market related activity. ### **Whats the difference between Fluid Lite and Instadapp Pro?** **Fluid Lite** is our full featured DApp that enables complex and advanced DeFi functionality with access to many popular DeFi applications. **Instadapp Pro** users are able to execute DeFi strategies and other management functions such as creating leverage strategies like those found on Fluid Lite! Fluid Lite is an advanced wrapper of our DeFi Smart Accounts that simplifies the process of accessing these strategies by making them accessible through simple to use tokenized Vaults. ### **How quickly will I see my interest returns?** Fluid Lite accrues interest daily across both ETH and USD vaults. For the **stETH vault**, yield reflects Lido staking rewards as they are distributed.\ For the **USD vault**, yield reflects returns generated from yield-bearing stablecoin strategies. You can typically expect to see earnings reflected within approximately **24 hours** after depositing. ### **I have another question not listed here** Can't find the answer to your question? Feel free to reach out to us on [Discord](https://discord.gg/dV36vkcbGK) or [Twitter](https://x.com/0xfluid). # Fees Description of Fluid Lite Vault Fees Performance fees vary by vault:- * **Lite ETH Vault:** A **20% performance fee** is charged on net profits. This is already included in the **Net APY** shown on the interface. * **Lite USD Vault:** No performance fee is charged.

Hover over info icon to see the Gross APY Rate

### Exit Fee Fluid Lite ETH/USD vaults charge a **0.05% exit fee**, which is directed to the DAO as protocol revenue.

Confirm fee details on both vaults before proceeding.

*Lite Vaults v1 used a different fee structure than described above you can find information on v1 vaults including fees* [*here.*](/more-links/archived-information/v1-vaults) # Brand Assets iTokens and Lite Assets {% hint style="info" %} Want to download our Brand Assets? [Link to Download Brand Assets 🔗](https://drive.google.com/drive/folders/1yGeSP3lpn73sxYbIR2W9Ek0LJDCzX8nI?usp=sharing) {% endhint %} ## Instadapp Lite ### Logo Standard ![](/files/xOKHgiHVyQP6RvElKfjA) ### Logo Rounded ![](/files/XUv4ZfJS6MfnfHWHkWyK) ## iTokens Light Theme ### iETH ### iUSDC ![](/files/WxrC7xkbcPjhPKLbNZM5) ### iWBTC ![](/files/8y272Jk3gTYZspvVqHyn) ### iDAI ![](/files/vzpDwwZsw3u0kxXGzMH8) ## iTokens Dark Theme ### iETH ![](/files/jXkpGHZXSVd1DXg16XrP) ### iUSDC ![](/files/r4TeBy2onCTs2Famv5ar) ### iWBTC ![](/files/dxvzMduont4YjVjXFVrH) ### iDAI ![](/files/HEUEe5V3StSG5CKvQw54) *Looking for Classic Instadapp Branding? See our Instadapp Brand Repo:* [*https://github.com/Instadapp/brand*](https://github.com/Instadapp/brand) # Archived Information Archived Information on v1 Vaults # v1 Vaults Information on Lite Vault v1 {% hint style="warning" %} This information is here for archival purposes. The information below including fees charged, functions and features, does not apply to current Lite implementation. {% endhint %} ## ETH Vault: Amplifying Interest Rates Instadapp Lite utilizes the **AAVE** protocol and stETH or **Lido Staked ETH (stETH)**. stETH is a tokenized staking deposit on Ethereum that earns staking rewards daily. stETH can be used as collateral on AAVE and borrowed against ETH recursively to gain increased exposure to staking rewards. By doing this we can increase our exposure to staking rewards by up to 3x
### **Non-ETH Vaults: Exporting Yield to other Assets** We can execute a similar strategy to the ETH Vault shown above, except in this vault we use the collateral value of the deposited asset to borrow recursively stETH, this allows us to offer a nice stable yield based on POS rewards to other assets! ![](/files/6Nk07Jtj7n47qyOu5NJj) ### Performance Fee Instadapp Lite charges a 10% performance fee on v1 vaults profits made. This fee is already calculated in the Net Apr shown. ![Hover over info icon to see the Gross APR Rate](/files/3Wk14sJOQCcHBBR7s7b6) ### Exit Fee Instadapp Lite charges a 0.01% exit fee on v1 vaults that is repaid to the remaining depositors; this protects the Vault from spam or other malicious use. ## V1 Token Addresses | | | Analytics | | ------- | ------------------------------------------ | ------------------------------------------------------------------------------------- | | iETH v1 | 0xc383a3833a87009fd9597f8184979af5edfad019 | [`View Dune ->`](https://dune.com/shippooordao/Instadapp-lite-Levered-stETH-strategy) | | iDAI | 0x40a9d39aa50871Df092538c5999b107f34409061 | [`View Dune ->`](https://dune.com/shippooordao/Instadapp-lite-iDAI-Vault) | | iUSDC | 0xc8871267e07408b89aA5aEcc58AdCA5E574557F8 | [`View Dune ->`](https://dune.com/shippooordao/Instadapp-lite-USDC) | | iWBTC | 0xEC363faa5c4dd0e51f3D9B5d0101263760E7cdeB | [`View Dune ->`](https://dune.com/shippooordao/Instadapp-lite-iWBTC-Vault) | ## Deleverage and Withdraw At any time users can redeem their entire iToken for their portion of the vault. Normally users withdraw from the withdraw pool however if you wants to withdraw more than whats available you can force a deleverage of the vault to unwind your portion of the vault. ### How to run a Force Deleverage and Withdraw? You can issue a withdraw and deleverage by checking the box in the Withdraw panel. Once the option to F`orce Deleverage and Withdraw` is ticked on you will be able to withdraw your entire balance even it its more than the availably shown withdraw pool. #### What does deleveraging do? When you deleverage the vault, the vault unwinds by selling stETH collateral to repay ETH debt. When issuing a deleverage there will be increased gas costs as the transaction uses a flashloan to unwind the vault and withdraw your deposit. #### Deleveraging amount too small? Due to the complexity of the vault and the leveraged state of the vault, positions that are smaller (less than $5000) may not be able to be force deleveraged. ### Deleveraging when stETH < 1 ETH When you force deleverage the vault, the vault sells stETH Collateral to repay the ETH debt in the vault allowing you to withdraw your position. ***The caller of the deleverage will pay for the losses incurred to the vault in the transaction.*** When forcing the vault you must return the vault to the same health it had prior. This means if you force deleverage the vault when stETH is less than ETH price, you pay additional costs to maintain the vault ratio. # Instadapp Lite DApp Accessing Instadapp Lite through the Webapp
Your primary gateway for Instadapp lite is at: {% embed url="" %} ### Depositing into Vaults Find which vault you would like to use and click `Start Earning` button to open the asset panel.
Enter the amount you want to deposit and click Deposit to submit the transactions. *(For ETH Vault only: You can deposit ETH or stETH. The vault will swap your ETH to stETH upon deposit.)* Once the transaction confirms your deposit is complete.
### Withdrawing from Vaults To withdraw click the withdraw on top. Then enter the amount you would like to redeem and click withdraw and send the transaction to complete! Once the withdrawal is completed on chain your withdrawal is complete!
### Vault Liquidity Lite Vaults operate as leveraged strategies, maintaining a reserve that can be instantly redeemed. The Availability section in the withdraw panel reflects this reserve. The vaults aim to keep at least 25% of the total value locked (TVL) available for withdrawal, although this percentage may vary depending on market conditions. In most scenarios, up to 50% of the vault's total value can be redeemed.
# More ways to Access Lite Learn more ways to use Instadapp Lite and iTokens ## Wallets and Services {% content-ref url="/pages/KoXCIjTWo9fDdXDDc033" %} [Coinbase Wallet](/more-links/archived-information/more-ways-to-access-lite/coinbase-wallet) {% endcontent-ref %} {% content-ref url="/pages/NOkpu9JJCVWQsLZBjJC5" %} [1inch Wallet](/more-links/archived-information/more-ways-to-access-lite/1inch-wallet) {% endcontent-ref %} # Coinbase Wallet Access Instadapp Lite using your Coinbase Wallet Your Coinbase Wallet can access many DApps through its built in web3 browser including Instadapp Lite! ## Depositing using Coinbase Wallet ### Open the built-in Web3 browser Open the browser and enter the Lite webpage:
### Depositing into Instadapp Lite Vaults Your Coinbase wallet should automatically connect and display your current Lite balance otherwise click `Connect Wallet` and select `Coinbase Wallet`. Scroll down to view vaults and find your preferred Lite Vault. Instadapp Lite offers staking powered yields on ETH, WBTC, DAI and USDC.
### Review Transaction and Risks Instadapp Lite is a complex DeFi lego which utilizes many different protocols to generate yield. Coinbase Wallet will show you a preview screen, review and then click confirm to submit the transaction. Instadapp Lite is a complex DeFi lego with many risks. **You can find more information around protocol risks here:** {% content-ref url="/pages/vJFc6UoPqAy07snHHQCs" %} [Risks](/information/risks) {% endcontent-ref %}

The Coinbase Wallet will also warn you of stETH token access.
The function will require access even if you are not using or hold stETH

### Submitting and completing Deposit Once your transaction confirms on chain you will find your deposited balance on the platform. Interest on lite occurs daily you will see your first earnings after 24 hours.
## Withdrawing using Coinbase Wallet Open the Instadapp Lite webpage () Find your vault and open the panel by clicking `Start Earning` switch to withdraw, enter the amount and click `Withdraw`
Review the transaction details and click confirm. After the transaction confirms on chain your withdraw is complete.
## Learn more about Instadapp Lite {% content-ref url="/pages/gOkuqQ0S8lQqc7svN3ui" %} [Instadapp Lite DApp](/more-links/archived-information/instadapp-lite-dapp) {% endcontent-ref %} {% content-ref url="/pages/den0B6lF3PgSQYXc2ZEp" %} [Fluid Lite ETH Vault](/getting-started/fluid-lite-eth-vault) {% endcontent-ref %} {% content-ref url="/pages/y4gh0jycQPtD2xTrreuc" %} [FAQs](/information/faqs) {% endcontent-ref %} {% content-ref url="/pages/vJFc6UoPqAy07snHHQCs" %} [Risks](/information/risks) {% endcontent-ref %} # 1inch Wallet Access Instadapp Lite using your 1inch Wallet 1inch is a powerful DEX and now a powerful self custodial wallet! You can access Instadapp Lite using your 1inch Wallet. ## Open the built-in Web3 browser To get started, open the browser located on the bottom and enter the Lite webpage:
## Depositing into Instadapp Lite Vaults Your 1inch wallet will automatically connect, the center value is your total holdings on Instadapp Lite. Scroll down to view vaults and find your preferred Lite Vault. Instadapp Lite offers staking powered yields on ETH, WBTC, DAI and USDC.
## Review Transaction and Risks Instadapp Lite is a complex DeFi lego which utilizes many different protocols to generate yield. Please review carefully! You can find more information around protocol risks here: {% content-ref url="/pages/vJFc6UoPqAy07snHHQCs" %} [Risks](/information/risks) {% endcontent-ref %}
## Submitting and completing Deposit Once your transaction confirms on chain you will find your deposited balance on the platform. Interest on lite occurs daily you will see your first earnings after 24 hours.
## Learn more about Instadapp Lite {% content-ref url="/pages/gOkuqQ0S8lQqc7svN3ui" %} [Instadapp Lite DApp](/more-links/archived-information/instadapp-lite-dapp) {% endcontent-ref %} {% content-ref url="/pages/den0B6lF3PgSQYXc2ZEp" %} [Fluid Lite ETH Vault](/getting-started/fluid-lite-eth-vault) {% endcontent-ref %} {% content-ref url="/pages/y4gh0jycQPtD2xTrreuc" %} [FAQs](/information/faqs) {% endcontent-ref %} {% content-ref url="/pages/vJFc6UoPqAy07snHHQCs" %} [Risks](/information/risks) {% endcontent-ref %}