Vaults are the main feature of SuperBots. It lets the user lock his capital in a pool while this pool is traded by algos.
There is no deposit and withdrawals fees. The only fees are based on the performance made by the algo, and obviously, the trading fees.
By depositing your capital in a vault, you share the pool with other investors. In exchange, you receive xUBXN, which guarantees your shares in the pool. The xUBXN can be transferred, allowing another wallet to withdraw the capital. So be careful not to transfer these tokens.
The operation of the vaults follows the following principle
1- The user deposits cryptos in the vault of his choice.
2- In exchange, he receives xUBXN representing his share in the vault.
3- When a signal is triggered, it activates an order on the vault's Smart Contract. The order is then sent to 1inch, in order to reduce slippage.
4- Once a sell signal is received, a new order is placed on 1inch in the opposite direction.
5- A. If a profit has been made, a certain % is taken and automatically converted into UBXN and shared between different wallets (algo dev, SuperBots, staking pool, burn) B. If a loss has been generated, no fees are taken, and no new fees will be taken until the vault returns to profit
6- the user can exchange his xUBXN at any time for the available capital in the pool.