𝘏𝘰𝘸 𝘋𝘰 𝘊𝘰𝘯𝘤𝘳𝘦𝘵𝘦 𝘝𝘢𝘶𝘭𝘵𝘴 𝘈𝘤𝘵𝘶𝘢𝘭𝘭𝘺 𝘞𝘰𝘳𝘬s.🧵



1/
➡️You deposit into a vault.
➡️You receive shares.
➡️Your balance grows.
Sounds simple, but what’s really happening? 

2/
When you deposit ⤵️

➡️Your funds join a shared pool
➡️ You receive vault shares
➡️Those shares represent your ownership⤵️

3/
Now let’s simplify ⤵️
➡️Vault = total pool
➡️Shares = your portion
➡️eRate = value of your shares

As the vault earns, your share value increases. 📈https://app.concrete.xyz