Withdrawal and Rollover
Wen Lambo?
Last updated
Wen Lambo?
Last updated
After 7 day’s (Applicable to the BUSD Falls) farming on various yield program with the capital deposited by our users, the funds will be returned back to our protocol's contracts automatically and available for users' withdrawal, plus with any yield return earned during the epoch. The actual APR distribution depends on the farms’ performance. The yield payment sequence will behave like a Waterfall stream: the Senior and Mezzanine tranche will first receive a fixed rate of interest payments, and any rest of the yield farmed will be distributed as a variable APR to our Junior tranche’s participants. Under usual circumstances users deposited in the Junior tranche will receive a higher return than simply deploying the capital themselves into the portfolio farms, essentially leveraging their capital and earning more than they could before. Click "Withdraw All" to receive your deposited capital back to your wallet along with the yield earned during the subscription period.
Note that the APR could go negative as joining the Junior tranche comes with the understanding that you are taking on extra risk of potential yield volatility and the chance that the yield returned from farms deployed will be suboptimal and worse than predicted under different market and protocol conditions, and since the Senior and Mezzanine tranche are prioritized with their returns collection, therefore a negative APR for the Junior tranche is entirely possible.
In addition, you may choose to click "Roll Deposit", basically you will be redeploying your principal deposits plus the interest earned during the last subscription period to the next farming period, and therefore compounding your returns. This function saves users the hassle to withdraw and deposit again into the tranches. In the future we may include auto-roll deposit in our products to minimize the need for users to manage their positions, while currently we would like to increase inclusiveness and user engagement with our protocol at the beginning.
And that's it! With Waterfall's DeFi tranches you will be able to manage risk and reward balance at your fingertips. Whether yield farms could be considered unsafe, or the yield is still too small for you, there's a way now at Waterfall to give your capital some protection on future cash flows generated or multiplies your return in farms that you have never been able to get before.
Wait...Any $WTF incentives for user to deposit into the tranches? 👀: perhaps...probably....some retroooooooactiveeeee airdroooooop?