Setting up your Vault

We recommend that the vault owner perform the following actions in this order:

1. Deploy the vault.
2. Add markets to the vault.
3. Enable Idle Market
4. Update the Supply Queue.

You can assign roles at any stage of the vault setup process.

📄️ Create Vault

A step by step guide to create a Vault.

📄️ Add Market

Theoretically, the vault manager can add any ERC4626 contract address to the Silo Vault. The protocol does not conduct checks to confirm whether the added market is a Silo contract (silo). The manager must manually verify this during a review before the vault is made available on the user interface. Without this verification, funds could be directed to an external ERC4626 contract.

📄️ Enable Idle Market

When you create a vault, you automatically create an Idle Market that we recommend including in your whitelist markets. The Idle Market is a single-asset ERC-4626 contract that allows the vault to continually accept deposits even if its other markets have reached their supply cap. It only accepts deposits and doesn't allow borrowing. Vault owners and curators may remove an idle market if desired. They can also lower its supply cap, which defaults to unlimited.

📄️ Set Fee Recipient & Performance Fee

The performance fee is the portion of interest earned by the vault that is rewarded to the vault manager.

📄️ Review Time-locked Actions

Performing critical actions is subject to the vault's timelock. Below is a summary of all time-locked actions.