Deposits, or purchases of vault shares, are processed at the vault's net asset value (NAV), calculated at the time an order is received.
The term Net Asset Value is in relation to the fund’s valuation and pricing, which is derived from dividing the difference between the trust minimized vault's assets and liabilities by the total number of vault shares/units outstanding.
The fund’s NAV thereby represents a price per-token of a vault. So, when an individual deposits, they receive shares equal to the amount of their depositing capital divided by what the price, or NAV, of the vault tokens are at that time of the transaction.
Stablecoin Yield Stats
Trust minimized vault shares may be purchased on any day and at any time, without any prior approvals by the vault Managers. This rule applies only to Public vaults. Private vaults only allow whitelisted wallet addresses to deposit at any time.
Managers have the ability to toggle between accepted deposit assets that they require for their Vaults. This feature is only available in V2 vaults. Ethereum V1 vaults only allow sUSD as a depositing asset.