Overview
This guide walks through the complete vault creation process.Pre-Creation Planning
Before creating, define:1. Strategy
| Question | Your Answer |
|---|---|
| What assets will you deploy to? | (e.g., Centuari fixed-rate, Aave) |
| What maturities? | (e.g., 30-90 days) |
| What’s your rebalancing approach? | (e.g., weekly, at maturity) |
| What makes your strategy unique? | (e.g., RWA focus, conservative) |
2. Target Users
| Question | Your Answer |
|---|---|
| Who is this vault for? | (e.g., conservative lenders) |
| What’s the minimum deposit? | (e.g., no minimum, $1,000) |
| What’s your target audience? | (e.g., retail, institutional) |
3. Fee Structure
| Fee | Your Rate | Market Comparison |
|---|---|---|
| Management | (e.g., 1%) | 0.5-2% typical |
| Performance | (e.g., 15%) | 10-20% typical |
| Hurdle | (e.g., 5%) | 0-8% typical |
| Withdrawal | (e.g., 0%) | 0-0.5% typical |
Creation Steps
Basic Information
Enter:
- Vault name (unique, descriptive)
- Base asset (USDC, USDT, DAI)
- Strategy type
Strategy Description
Write clear description:
- What the vault does
- How it generates returns
- Key risk factors
Set Risk Parameters
Configure:
- Max single position (10-25%)
- Max protocol concentration (30-100%)
- Minimum cash buffer (5-20%)
Configure Fees
Set your fee structure:
- Management fee
- Performance fee and hurdle
- Withdrawal fee (if any)
Configuration Details
Allocation Rules
Example Configurations
- Conservative
- Balanced
- Aggressive
Naming Best Practices
Good names:- “Steady Yield USDC” (clear, descriptive)
- “Conservative Fixed Income” (indicates risk level)
- “Multi-Protocol Optimizer” (describes strategy)
- “Best Returns Ever” (misleading)
- “Risk-Free Yield” (no yield is risk-free)
- Competitor names or trademarks
Post-Launch
After launching:Modifying Vault Settings
| Setting | Changeable? | Process |
|---|---|---|
| Name | No | Fixed at creation |
| Base asset | No | Fixed |
| Strategy type | No | Fixed |
| Description | Yes | Curator update |
| Allocation rules | Limited | Governance vote |
| Fee increase | Yes | 30-day notice + vote |
| Fee decrease | Yes | Curator decision |
FAQs
Can I create multiple vaults?
Can I create multiple vaults?
Yes, after establishing track record with first vault.
What if I want to change strategy?
What if I want to change strategy?
Major strategy changes require governance approval or creating a new vault.
Minimum AUM to be profitable?
Minimum AUM to be profitable?
Depends on your fees and time investment. Typically $500k+ for meaningful curator income.