Vault Strategy - Node Operation

Our strategy for the GGP vault is staking the GGP Vault deposits on the node addresses that SeaFi operates. Based on the deposit cap set of the vault, we will spin up the appropriate number of minipools to efficiently utilize the GGP up to the cap.

We supply the AVAX needed to run the nodes, and handle all of the node operator responsibilities. Then we use the GGP tokens in the vault on those nodes in order to earn rewards on them.

When the stakeAndDistributeRewards method is called to stake the GGP that is in the vault, the value of all shares will increase by the targetAPR amount, which is currently set at 20% APY.

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