> ## Documentation Index
> Fetch the complete documentation index at: https://docs.synclear.io/llms.txt
> Use this file to discover all available pages before exploring further.

# Yield Strategies: Automated Treasury Allocation on Synclear

> Risk-tiered vaults for automated yield generation on business treasury — curated lending pools, real-time APY tracking, and flexible withdrawal windows.

Yield Strategies are Synclear's always-on, automated allocation product for business treasury. Capital deposited into a yield strategy vault is allocated by the protocol across a curated set of lending pools and liquidity positions. Allocations are rebalanced continuously based on risk-adjusted yield targets defined for each tier. Businesses retain ownership of their position at all times and can withdraw on short notice — making yield strategies the right choice for operating reserves, cash management buffers, and any treasury capital that needs to remain accessible.

## Risk Tiers

Synclear yield strategy vaults are organized into three risk tiers. Each tier has a defined set of eligible underlying positions, a target yield range, and a corresponding risk profile. All tiers operate on the same vault architecture; the difference is in which underlying protocols and asset types the allocator is permitted to use.

<Tabs>
  <Tab title="Conservative">
    **Target APY range:** 4–7% (variable)

    Conservative vaults allocate exclusively to senior lending tranches on blue-chip lending protocols (Aave, Compound, and Synclear's own native lending pools) and to stablecoin liquidity positions on established DEXs with concentrated range management. No exposure to subordinated credit tranches, newer protocols, or high-volatility asset pairs.

    * Eligible assets: USDC, USDT, DAI
    * Underlying positions: senior lending only, stablecoin LP only
    * Withdrawal: instant (no lock-up)
    * Suitable for: operating reserves, payroll buffer, near-term obligations
  </Tab>

  <Tab title="Balanced">
    **Target APY range:** 7–12% (variable)

    Balanced vaults extend the allocation set to include mezzanine lending tranches, ETH staking derivative positions (stETH, rETH), and a small allocation to curated real-world asset (RWA) credit pools with documented underwriting. Maximum 20% of vault assets in any single position. Withdrawal is available within 24 hours.

    * Eligible assets: USDC, USDT, ETH, stETH
    * Underlying positions: senior + mezzanine lending, LST yield, selective RWA credit
    * Withdrawal: 24-hour notice
    * Suitable for: medium-term treasury, 30–90 day capital not earmarked for specific use
  </Tab>

  <Tab title="Aggressive">
    **Target APY range:** 12–20%+ (variable)

    Aggressive vaults pursue higher yield through subordinated credit tranches, concentrated liquidity positions in volatile asset pairs, and cross-protocol yield strategies. This tier carries meaningfully higher risk of impermanent loss, credit default exposure, and yield volatility. Position sizing limits and on-chain risk controls still apply, but outcomes are less predictable.

    * Eligible assets: USDC, ETH, WBTC, select altcoin pairs
    * Underlying positions: subordinated credit, concentrated LP, structured yield
    * Withdrawal: 24-hour notice (some positions may require 48–72h in stressed conditions)
    * Suitable for: surplus capital, long-horizon treasury not needed for operations
  </Tab>
</Tabs>

<Tip>
  When selecting a risk tier, match it to the **time horizon and operational criticality** of the capital — not just the yield target. Capital needed within 30 days for payroll, payments, or debt service should stay in Conservative. Reserve capital with no near-term deployment obligation is the right candidate for Balanced or Aggressive. Mixing tiers within a single treasury allocation is common practice.
</Tip>

## How Allocations Are Managed

Each vault uses an on-chain allocator contract that executes rebalancing within permissioned strategy parameters. The allocator does not have discretion outside the defined eligible positions for its tier — all permitted strategy types, protocol integrations, and position limits are encoded in the vault's strategy module and are publicly verifiable.

Rebalancing occurs when:

* Yield differential between eligible positions exceeds a defined threshold
* A position approaches its concentration limit
* An underlying protocol triggers a risk flag (oracle deviation, utilization spike, governance action)

You do not need to manage rebalancing manually. APY displayed in the Earn dashboard is calculated from the current weighted average of all active positions in the vault, updated in real time.

## Depositing Into a Yield Strategy

<Steps>
  <Step title="Select a Vault">
    Navigate to **Earn → Yield Strategies**. Review the three risk tier vaults, their current APY, total value locked (TVL), and withdrawal terms. Select the vault that matches your capital's risk profile and liquidity requirements.
  </Step>

  <Step title="Enter Deposit Amount">
    Specify the amount and asset to deposit. The interface will display the estimated APY based on the current vault composition and the projected annual yield on your deposit. All figures are estimates — actual yield will vary.
  </Step>

  <Step title="Approve Token Spend">
    Approve the vault contract to transfer the deposit amount from your wallet. This is a standard ERC-20 approval transaction. You can set an exact approval matching the deposit amount for tighter security.
  </Step>

  <Step title="Confirm Deposit">
    Submit the deposit transaction. The vault contract mints vault shares (ERC-4626 compliant) representing your proportional claim on vault assets. These share tokens can be held in any wallet and are transferable.
  </Step>

  <Step title="Monitor Your Position">
    Your position, current value (shares × share price), and realized APY are displayed in the Earn dashboard. Yield accrues to the share price — you do not receive yield as separate token distributions. Your position grows in value over time as the vault earns.
  </Step>
</Steps>

## Withdrawing From a Yield Strategy

| Tier         | Withdrawal Process                                                                                                             |
| ------------ | ------------------------------------------------------------------------------------------------------------------------------ |
| Conservative | Instant withdrawal — call `vault.redeem(shares, receiver, owner)` at any time                                                  |
| Balanced     | 24-hour withdrawal queue — submit a withdrawal request; funds are available after the next daily settlement                    |
| Aggressive   | 24-hour withdrawal queue (standard); up to 72 hours under stressed market conditions if underlying positions require unwinding |

To initiate a withdrawal via the dashboard: navigate to **Earn → Your Positions**, select the vault, and click **Withdraw**. Enter the amount or select **Withdraw All** to redeem all shares.

<Note>
  Vault shares are ERC-4626 compliant, meaning withdrawal amounts are calculated based on the current share price at the time of redemption — not the price at deposit. If the vault has incurred losses (e.g., from a credit default in an Aggressive vault), the redemption value may be less than the original deposit.
</Note>

## Real-Time APY Tracking

All vault APYs are calculated on-chain and surfaced through the Synclear API. You can query current and historical APY programmatically:

```js theme={null}
// Query current APY for a vault using the Synclear SDK
// Install: npm install @synclear/sdk
// SYNCLEAR_API_KEY and vaultAddress must be set from your environment.
// Vault addresses are published at: https://docs.synclear.fi/get-started/contract-addresses
const { SynclearClient } = require("@synclear/sdk");

const synclearClient = new SynclearClient({ apiKey: SYNCLEAR_API_KEY });

const vaultStats = await synclearClient.earn.getVaultStats(vaultAddress);
console.log("Current APY:", vaultStats.currentApy);       // e.g. "8.42%"
console.log("7-day average APY:", vaultStats.sevenDayApy);
console.log("30-day average APY:", vaultStats.thirtyDayApy);
```