NAVI single vault assets are coming to AlphaFi!
We’re thrilled to announce the launch of our much-awaited Single Asset Vaults powered by NAVI. In this article, we will dive into why we chose to have single asset vaults, how the strategies work, and how you can use them to increase your assets hassle-free and securely!
Why Have Single Asset Vaults?
We love liquidity pools! However, despite their attractive yields, they come with challenges. For those who strongly believe in the potential of their crypto assets to grow 3x-10x or even more, adding their assets to a liquidity pool, while limiting risk, reduces the upside. Our NAVI Single Asset Vaults solve this exact issue!
How do they work?
When you deposit into our NAVI Single Asset Vaults, we deposit the tokens into NAVI’s lending protocol.
What’s our value add? Auto-compounding!
We auto-compound NAVI rewards into your invested token, so you receive your rewards in the asset you deposit. What’s more? We compound your rewards every 15 minutes! This rapidly grows your investment in the vault, which in turn increases the rewards you earn, creating a continuous cycle of growth.
As your rewards are compounded, there is no need to claim them. They automatically increase your deposit value in the vault. Simply relax and watch your assets grow!
Enjoy Additional Alpha Rewards
In addition to auto-compounding, depositing into AlphaFi’s NAVI Single Asset Vaults allows you to earn Alpha rewards. The addition of Alpha rewards enables you to enjoy high APYs in AlphaFi’s NAVI Single Asset Vaults.
Fees
There are no fees for deposits or withdrawals, and your principal remains untouched. We charge a 20% fee on the yield we generate, with 50% of that going back to ALPHA stakers. The APY you see on the website is after the fee is charged. So, what you see is what you get.
Why did we choose NAVI?
NAVI’s lending strategies focus on providing stable and predictable returns for lenders through a variety of diversified lending pools. These pools include secured loans, where collateral is used to minimize risk, and algorithmically optimized interest rates that adjust based on market conditions to ensure competitive yields.
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To ensure safety, NAVI employs over-collateralization, real-time risk assessments, and automated liquidation mechanisms to protect against defaults. Additionally, NAVI’s protocols undergo regular audits by reputable firms such as MoveBit, Ottersec, Veridise and Salus to ensure the highest standards of security and compliance.
Vaults at Launch
We’re launching with the following 4 single asset vaults from NAVI:
- USDC
- USDT
- vSUI
- SUI
Contract Address: https://suivision.xyz/package/0x7666ad8f8b0201c0a33cc5b3444167c9bd4a029393e3807adc2f82df016d5cea
How to deposit?
Scroll through the Single Asset Vaults on https://alphafi.xyz/portfolio and click on the vault corresponding to the asset you wish to deposit. Enter an amount and click deposit. That’s it! You’re done.
Once you deposit, your assets keep growing. You’ll periodically collect additional ALPHA rewards, which will, in turn, earn even more rewards automatically.
How to claim your Alpha Rewards?
Click on the “Collect” button on the top right of the screen on alphafi.xyz/portfolio regularly to claim your alpha rewards. Once collected, your alpha rewards go into an auto-compounding vault, where they are locked for 100 days.
This locked ALPHA earns extra ALPHA and makes you eligible for airdrops from 50% of the platform’s collected fees.
Learn more about the ALPHA airdrops here.
Note:
- Only deposits in the ALPHA pool are locked; you can withdraw anytime from other pools.
- You receive periodic airdrops for your staked ALPHA tokens.
Do reach out to us on Telegram, in case of any questions. We’re happy to help you!
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