Earn

Supply supported assets to Clovis Earn Vaults, receive yield-bearing cloTokens, and use eligible positions as collateral.

Earn lets you Supply a supported asset to an Earn Vault and receive cloToken shares representing your position in that Vault.

You can keep the position Flexible, move it into a Lock Position, use it as eligible Borrow collateral, or Withdraw the corresponding underlying asset.

Earn Vaults

Underlying asset	Earn share
USDC	cloUSDC
USDT	cloUSDT
WETH	cloWETH
cbBTC	clocbBTC

The Vault list does not mean every asset is available on every network. Check the app before starting an action.

An Earn Position Has Three Stages

1. Supply: provide an underlying asset and receive cloToken shares.

2. Flexible: keep the position in Earn, move it into a Lock Position, use it as eligible Borrow collateral, or Withdraw.

3. Locked: commit the cloToken shares for the selected term while the position continues participating in the Vault.

How Vault Shares Work

Your cloToken balance represents shares in the Vault. It is not a fixed one-to-one display of the underlying asset.

The amount of underlying asset represented by those shares depends on the current Vault share price.

See cloTokens and Vault Yield for examples and a simple explanation of how the share price works.

Continue to an Earn Action

• Supply an asset

• Create or manage a Lock Position

• Withdraw from Earn