User Docs
Making an Investment
Depositing to Enzyme Vaults
Once you've settled on a Vault, you'll need to connect your Ethereum wallet to the Enzyme app. Click on the Connect Wallet button in the top right corner and choose your connection provider. If you do not see your preferred provider, please leave us feedback. We are actively integrating new wallets.
Once you're connected, make sure you've got some ETH to pay for gas, then click the Invest button in the top right corner of the Vault's page. That will launch a modal that looks like this:
A Vault by definition has a Denomination Asset. This is the asset against which all benchmarks are measured for the Vault's fees, and it's the asset with which you'll need to invest. In the case above, the Vault's Denomination Asset is WETH. Choose the amount of the asset you'd like to invest and click Continue. Your connection provider will pop up asking for permission for to spend your tokens. Click Confirm and the next modal will pop up.
Clicking Submit will bring up your connection provider again and you'll be prompted to confirm the contract interaction. Once you've done that, and the transaction is successfully mined, you are officially a token-holder. The app will take a moment to reflect the changes.
Ownership in Enzyme Vault's is represented by an ERC-20 token that enables you to redeem your shares. You can see an example of one of these tokens here.
Investment in an Enzyme Vault only occurs through this two step process. Do not, under any circumstances, send assets directly to the fund contracts. While they will appear in the fund, you will not have a claim on them to redeem.
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