Guides
Hold Ditto Spot
Create a vault, deposit LONG and USDC, and withdraw.
Create a vault
- Open a series whose L is above zero and that has not expired.
- Under Ditto Spot on this series, choose Create a vault and approve.
The vault is yours as creator, and anyone can deposit into it. Each wallet runs one vault per feed.
Deposit
- You need LONG of the vault's current series. If you have none, mint pairs in that series first; the vault panel links to it.
- In the Ditto Spot tab, open the vault and enter how many LONG to deposit.
- The app shows the USDC the vault's ratio asks for and the shares you receive.
- Choose Deposit and approve.
The first deposit into an empty vault adds L in USDC per LONG and issues 1.000000 share per LONG.
Withdraw
- Open the vault and enter how many shares to withdraw, or choose Max.
- The app shows the LONG and USDC they return, both rounded down. If the LONG part rounds down, it also tells you which share amount takes the next whole LONG.
- Choose Withdraw and approve.
Across the week
Your shares stay the same through every roll; what changes is what the vault holds. During the roll auction deposits and withdrawals pause, and after it the vault holds next week's series. See the weekly roll.