High Growth Gain
The High Growth Vault is designed to maximize your returns through DeFi on Ethereum. Assets are deposited in AAVE, Compound, Usual, and Elixir among other strategies to generate top-tier rewards. Here’s how it works:
Deposit Assets:
You deposit one or more of the following assets into the High Growth Vault:
ETH
stETH (Lido’s LST)
ETHx (Stader’s LST)
rsETH (Kelp’s LRT)
The vault receives these assets and processes them for further steps.
Issuance of Liquid Tokens:
Upon depositing, the vault issues a liquid token, hgETH, representing a claim on the deposited assets. This ERC-20 token is a tradable and usable representation of your staked assets within the vault.
Rewards Optimization:
The deposited assets are then moved to different DeFi opportunities.
DeFi Deployment:
Using hgETH, the issued liquid token, you deploy them into DeFi to boost the yield. Available DeFi opportunities include LP pool on Balancer or trading on Pendle.
Pendle allows you to earn additional rewards on your liquid tokens by participating in its DeFi protocols.
Withdrawals
Users can withdraw assets on the dApp. Follow these steps:
Go to 'Withdraw' section and enter the amount of hgETH you want to withdraw
Click on the 'Withdraw' button to initiate a wallet approval
Once approved, your withdrawal request will be placed. The same can be checked under the 'Claim' section.
In 3-4 days, your assets with be transferred to your wallet address, automatically.
Note:
Assets can be withdrawn only as rsETH
Your claims will be available within 3-4 days of placing the withdrawal request
All the withdrawal requests that you place within a day will be clubbed together and will be available as a single claim transaction
Strategy and Target APR
| Protocol | Position | Allocation | Target APR |
|---|---|---|---|
Aave v3 | Leveraged rsETH loop | 50% | 25% |
Aave v3 | Supply rsETH* | 50% | 4% |
Aave v3 | Borrow USDC | -31% | -5.5% |
Collateral Buffer (Morpho Blue) | Gauntlet USDC | 6% | 20% |
Usual | USDC0++ | 10% | Boosted |
Pendle | PT sUSDe (March 2025) | 5% | 20% |
Elixir | deUSD | 10% | Boosted |
Vault Partners:
Strategy Partner: Ultra Yield - UltraYield is a team of professional strategy curators focused on market-neutral trades. We have extensive track record in managing a DeFi hedge fund since 2020 targeting 20%+ APR in USD, BTC, and ETH terms. We support DeFi ecosystem and focus on optimal risk-adjusted returns for the vaults we curate. The list of portfolio allocations is constantly updated and protocol audits are actively verified.
Infra Partner: Upshift - Upshift is a digital storefront for on-chain yield, powered by August Digital. It offers users simplified access to Partner vaults.
Upshift Vault as a Service offers a streamlined solution for accessing DeFi yield opportunities, allowing users to deposit assets into secure vaults that deploy capital across curated strategies. With a focus on simplicity, security, and transparency, Upshift eliminates the complexities of DeFi, enabling users and protocols to earn consistent yields without managing intricate strategies or liquidity fragmentation.
DeFi: Pendle, Balancer
Technical Details:
Smart contracts:
Audits:
Detailed audit reports are available here
Key Risks
Investing in vaults comes with associated risks. Please take note of the following risks; however, this list is not exhaustive, and there may be additional risks.
This vault uses smart contracts for operations, so it contains smart contract risk
This vault uses leverage, which means there is a liquidation risk
This vault holds DeFi positions that allocate points to the vault. The return on those points is dependent on the DeFi protocols distributing rewards in the future, which means there is a Points risk to the APR
Disclaimer:
Read the detailed disclaimer here
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