Vaults Tokens

tVault Tokens are like a deposit receipt. They represent a user's share of the tVault that they are participating in.

For example, if you deposit USDC in a tVault you will receive tvUSDC in return. tvUSDC would be the tVault Token.

If your tVault generates profit, the share price of your tVault tokens will increase. This happens because there are more underlying tokens in the tVault to redeem upon withdrawal.

Once a user's liquidity is withdrawn from the tVault, their tVault Token will be burned. tVault Tokens are ERC20, meaning they can be transferred and traded like any other common Ethereum token.