Clovis Testnet Features
Explore Clovis Testnet with enhanced vault transparency, yield boosting through locking, and flexible early unlock options.
Overview
Clovis Testnet introduces additional functionality to improve how users understand vault strategies, manage positions, and earn yield. These updates focus on increasing transparency, providing a structured way to boost returns, and allowing more flexible position management.
What’s Included
The following features are available:
Vault detail page: Provides visibility into how funds are allocated across chains, along with strategy and risk information.
Locking and yield: Allows users to lock positions for a selected duration to earn higher yield.
Early unlock: Enables users to exit positions before maturity, with a fee applied to accrued yield.
1. Explore Vault Details
Understand how your funds are allocated and how the vault generates yield.
Vaults now provide more visibility into how funds are managed. Each vault includes information about its underlying strategy, risk profile, and how capital is distributed across different networks.
This information is presented directly in the interface, including a visual breakdown of how funds are allocated across chains. Users can understand how yield is generated without needing to rely on external documentation.
2. Locking and Yield
Lock your position to earn higher yield.
After depositing into a vault, users receive uTokens that represent their position. These positions can be locked for a selected duration to increase yield.
Longer lock periods result in higher returns. During testnet, lock durations are shortened to allow users to complete the full lock and unlock cycle within a practical timeframe.
When selecting a lock duration, the interface updates expected yield, APY, and maturity in real time. This allows users to compare different options before confirming.
3. Position Management
Manage your positions directly from your Portfolio.
All active positions can be managed from the Portfolio view. Users can monitor their positions, track yield, and take action depending on the state of each position.
Unlock positions after maturity to receive full principal and accumulated yield with no additional cost
Relock positions with a new duration
Enable auto-renew to automatically start a new lock period after maturity
This provides a complete lifecycle for managing positions within a single interface.
4. Early Unlock (Flexible Exit)
Exit your position at any time with transparent costs.
Locked positions can be exited before maturity through an early unlock.
When unlocking early, a fee is applied to the accrued yield, while the original deposited amount remains unaffected. This ensures that users retain their principal while maintaining the incentive structure for locking.
Before confirming an early unlock, the interface clearly displays the fee, the final amount to be received, and the original locked amount. This allows users to review the outcome before proceeding.
Last updated