DepositDeposit
Avantis · Acts onchain
Deposits the stablecoin into the Avantis vault, the counterparty to every trader on the exchange, and receives vault shares. The socket approves the vault and deposits the exact amount; the vault charges no deposit fee and mints shares at its current rate, returning the share count. A deposit that would carry the vault's total assets to its cap reverts. Reach for it to earn the fees and trader losses the vault collects, coiling the shares into a stored record of the position or a later withdrawal.
On other protocols · 5
