Deposits
Multyr contracts are deployed on Arbitrum One. The system is currently in validation phase. Deposits are not open to the public. Behavior described on this page reflects the protocol's designed behavior; some mechanisms are active in shadow testing, others become active at public launch. See the Status page for details.
Depositing into Multyr is designed to be simple.
Under the hood, deposits are executed through a router using a single transaction flow.
How It Works
When you deposit:
- you select an amount of USDC
- you sign a permission (Permit2)
- the protocol executes the deposit in a single transaction
Your capital is then:
→ deposited into the vault → converted into shares → allocated across strategies over time
Depositing with Other Tokens
You are not required to hold USDC before depositing.
Multyr integrates on-chain swaps, allowing you to deposit using other tokens.
When depositing:
- your token is automatically swapped into USDC
- the swap is executed through integrated liquidity providers
- the resulting USDC is deposited into the vault
This process happens in a single flow within the application.
How It Works (Swap Flow)
Swaps are powered by Li.Fi external liquidity aggregation.
This enables:
- access to multiple liquidity sources
- competitive execution pricing
- seamless conversion before deposit
Mental Model — Multi-Token Deposit
Token → Swap (Li.Fi) → USDC → Router → Vault → Strategies
Important Notes on Swaps
- swap rates depend on market conditions and liquidity
- slippage may apply depending on token and size
- fees from external liquidity providers may be included
- the standard deposit fee (0.25%) applies after the swap, in addition to any swap-related costs
See the Swaps page for full details on routing, and the Fees page for the complete fee structure.
Key Properties
- deposits use a single transaction flow
- no manual token approval is required
- you receive vault shares representing your position
- allocation happens automatically after deposit
What You Receive
After depositing:
- you receive vault shares
- shares represent your proportional ownership of the vault
- the value of shares changes over time as the vault evolves
What This Means
You are not selecting a specific strategy.
You are allocating capital into a system that manages it over time.
Important Notes
- deposits may be temporarily unavailable if the system is paused or pricing data is not valid
- deposits do not immediately correspond to a specific strategy allocation
- the protocol manages allocation dynamically after deposit
Summary
Depositing into Multyr means:
→ allocating capital once → letting the system manage how that capital is deployed over time
Join the waitlist
Multyr is in Shadow Mainnet Testing. Public deposits are not yet open. Join the waitlist to be notified when the whitelist beta opens.