Yield for Earn Vaults
The rebasing mechanism is a key feature of MortgageFi's Earn Vaults, designed to provide a seamless and efficient way for liquidity providers to accumulate yields.
How It Works
Automatic Yield Accrual:
As borrowers make repayments and fees are collected, the total value in the vault increases.
Instead of distributing these gains manually, the number of tokens each depositor holds is semi-automatically increased.
In order to claim pending rebasing rewards use the compound in the Earn section of the dashboard.
Token Quantity Adjustment:
The system periodically "rebases" by increasing the number of tokens in each depositor's pending balance.
The total value of a depositor's holdings increases over time.
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