diff --git a/contracts/vault/README.md b/contracts/vault/README.md index 907b0fb..0b057e2 100644 --- a/contracts/vault/README.md +++ b/contracts/vault/README.md @@ -1,8 +1,8 @@ # SudoStake Liquidity Vaults -A vault is a smart contract account that gives the account owner more flexibility around their staked tokens. +A vault is a smart contract account that gives owners more flexibility around their staked tokens. -As more stakers manage their assets using vaults, it creates for a more distributed stakeholder base, which increases the overall network security. +As more stakers manage their assets using vaults, it creates a more distributed stakeholder base, which increases the overall network security.   @@ -30,7 +30,7 @@ As more stakers manage their assets using vaults, it creates for a more distribu Bob owns a vault that has 100k $TOKENS staked earning roughly 1,000 $TOKENS per month. -Bob requests $2,800 USDC. +Bob requests $2,800. In exchange, the liquidity provider gets to claim the staking rewards generated by the vault for the next 90 days. @@ -40,9 +40,9 @@ Which may also include access to voting rights for the liquidity provider. ### Fixed-interest Rentals -Bob owns a vault that has 100k $TOKENS staked earning roughly 1,000 $TOKENS per month. +Bob owns a vault with 100k $TOKENS staked, earning roughly 1,000 $TOKENS monthly. -Bob requests $2,800 USDC. +Bob requests $2,800. In exchange, the liquidity provider gets to claim 3,000 $TOKENS generated by the vault over time, before full ownership of the vault is returned to Bob. @@ -62,7 +62,7 @@ When Bob defaults on the loan, the lender will claim a certain amount of the und ## Who can fund liquidity requests? -1. Individuals with $USDC liquidity interested in trading with a vault owner. +1. Individuals with $USDC liquidity are interested in trading with a vault owner. 2. DAOs managing $USDC as part of their investment strategy, lending to vault owners. 3. Institutions lending to vault owners as part of their investment strategy.