> ## Documentation Index
> Fetch the complete documentation index at: https://docs.valefi.xyz/llms.txt
> Use this file to discover all available pages before exploring further.

# FAQ

> Frequently asked questions about Vale.

# Frequently Asked Questions

Common questions about Vale, answered.

## General

<AccordionGroup>
  <Accordion title="What is Vale?">
    Vale is a yield aggregation protocol on Base. It simplifies earning yield on stablecoins by routing your deposits to curated, audited lending vaults. You deposit USDC, and Vale handles the rest.
  </Accordion>

  <Accordion title="How does Vale generate yield?">
    Vale allocates your deposits to lending vaults (currently Morpho vaults on
    Base). These vaults lend your USDC to borrowers, who pay interest. That
    interest becomes your yield.
  </Accordion>

  <Accordion title="Is Vale custodial?">
    No. Vale is fully non-custodial. You maintain control of your assets at all
    times. Your deposits are represented by vault shares held in your own wallet.
    Vale cannot move, freeze, or access your funds.
  </Accordion>

  <Accordion title="Which blockchain is Vale on?">
    Vale is currently deployed on Base, an Ethereum Layer 2 network. Future
    expansion to additional chains is on the roadmap.
  </Accordion>

  <Accordion title="What stablecoins does Vale support?">
    Currently, Vale supports USDC on Base. Additional assets may be supported in the future.
  </Accordion>
</AccordionGroup>

## Deposits & Withdrawals

<AccordionGroup>
  <Accordion title="Are there any lock-up periods?">
    No. You can withdraw your funds at any time with no penalties, minimum holding periods, or lock-ups. Your assets remain fully liquid.
  </Accordion>

  <Accordion title="What are the fees?">
    Vale charges a 0.1% fee on deposits and a 0.1% fee on withdrawals. There are
    no management fees, performance fees, or hidden charges.
  </Accordion>

  <Accordion title="Is there a minimum deposit?">
    No minimum deposit. You can start earning yield with any amount of USDC.
  </Accordion>

  <Accordion title="How long does a deposit take?">
    Deposits are processed in a single blockchain transaction. On Base, this
    typically takes a few seconds.
  </Accordion>

  <Accordion title="How long does a withdrawal take?">
    Withdrawals are also processed in a single transaction and typically complete in seconds on Base.
  </Accordion>
</AccordionGroup>

## Yield & Returns

<AccordionGroup>
  <Accordion title="What yields can I expect?">
    Yields are variable and depend on market conditions, specifically the supply and demand for borrowing. Vale displays current APY in the app. Past yields do not guarantee future returns.
  </Accordion>

  <Accordion title="How often does yield accrue?">
    Yield accrues continuously. Your vault share balance appreciates in value as
    the underlying vault earns interest.
  </Accordion>

  <Accordion title="Are yields guaranteed?">
    No. DeFi yields are inherently variable. Rates fluctuate based on market
    conditions. Vale does not guarantee any specific return.
  </Accordion>

  <Accordion title="Where does the yield come from?">
    Yield comes from interest paid by borrowers. The lending vaults Vale routes to allow borrowers to take overcollateralized loans. The interest they pay becomes yield for lenders (you).
  </Accordion>
</AccordionGroup>

## Security

<AccordionGroup>
  <Accordion title="Is my deposit safe?">
    Your funds are deposited into audited smart contracts on Base. Vale is non-custodial, meaning you maintain full control of your assets at all times. However, all DeFi protocols carry smart contract risk.
  </Accordion>

  <Accordion title="Are Vale's contracts audited?">
    Vale uses audited infrastructure. The underlying Morpho protocol has undergone
    multiple security audits. Vale's router contract is designed for simplicity
    and minimal attack surface.
  </Accordion>

  <Accordion title="What happens if a vault gets hacked?">
    Smart contract risk exists in all DeFi protocols. Vale mitigates this by only
    routing to established, audited protocols and using simple contract designs.
    However, no protocol can guarantee 100% safety.
  </Accordion>

  <Accordion title="Can Vale access my funds?">
    No. Vale's contracts have no admin functions that can move user funds. Your vault shares are held in your wallet, and only you can initiate withdrawals.
  </Accordion>
</AccordionGroup>

## Vale Points

<AccordionGroup>
  <Accordion title="How do Vale Points work?">
    You earn 1 point per \$1 deposited per day. Points accumulate as long as you have funds deposited. Points are recorded on-chain using the Ethereum Attestation Service (EAS).
  </Accordion>

  <Accordion title="When do I start earning points?">
    Immediately after your deposit is confirmed on-chain.
  </Accordion>

  <Accordion title="Do I lose points if I withdraw?">
    No. You keep all points you've earned. Withdrawing only reduces your future
    earning rate.
  </Accordion>

  <Accordion title="What can I do with points?">
    Points unlock community participation and ecosystem benefits inside Vale. Vale
    has not yet published a finalized public formula connecting points to token
    distribution.
  </Accordion>

  <Accordion title="How are points verified?">
    All points are recorded on-chain using EAS attestations. This provides cryptographic proof of your participation that anyone can verify.
  </Accordion>
</AccordionGroup>

## \$VALE Token

<AccordionGroup>
  <Accordion title="What is $VALE?">
    \$VALE is Vale's ecosystem token. Current public docs focus on the presale
    structure, allocation, vesting schedule, and planned launch metrics.
  </Accordion>

  <Accordion title="When does $VALE launch?">
    The token launch date has not been announced. Follow official channels for
    updates.
  </Accordion>

  <Accordion title="What are the current presale terms?">
    The current presale materials describe a private presale at <code>$0.10</code>
          per token for <code>10,000,000 VALE</code> and a community presale at   <code>$0.125</code> per token for <code>1,200,000 VALE</code>. The planned
    listing price is <code>\$0.15</code>.
  </Accordion>

  <Accordion title="Will my points convert to tokens?">
    Vale has not yet published a finalized public conversion formula for points.
    Follow official announcements for any token distribution details tied to
    points.
  </Accordion>

  <Accordion title="Where can I buy $VALE?">
    \$VALE has not launched yet. Current presale materials describe planned TGE
    liquidity across Uniswap V3 and Gate.io, but users should wait for official
    launch announcements and beware of scams.
  </Accordion>
</AccordionGroup>

## Technical

<AccordionGroup>
  <Accordion title="Which wallets are supported?">
    Vale supports any wallet compatible with Base/Ethereum, including MetaMask, Coinbase Wallet, Rainbow, and hardware wallets like Ledger.
  </Accordion>

  <Accordion title="What is Morpho?">
    Morpho is a lending protocol that Vale uses for yield generation. Morpho
    optimizes capital efficiency and works with curated vault strategies managed
    by institutional curators.
  </Accordion>

  <Accordion title="Can I interact with vaults directly?">
    Yes. Since you hold vault shares in your wallet, you can interact with the
    underlying Morpho vaults directly if desired. However, the Vale interface
    provides a simpler experience.
  </Accordion>

  <Accordion title="Is Vale open source?">
    Yes. Vale's smart contracts are open source and verified on-chain. Anyone can review the code.
  </Accordion>
</AccordionGroup>

## Support

<AccordionGroup>
  <Accordion title="How do I get help?">
    Reach out through Vale's official X account or community channels for support.
  </Accordion>

  <Accordion title="I found a bug. How do I report it?">
    Please report bugs through official channels. For security vulnerabilities, please follow responsible disclosure practices.
  </Accordion>
</AccordionGroup>

## Have More Questions?

<CardGroup cols={2}>
  <Card title="X" icon="x-twitter" href="https://x.com/ValeYield">
    Reach out on X for support
  </Card>

  <Card title="Documentation" icon="book" href="/introduction">
    Explore the full documentation
  </Card>
</CardGroup>