FAQ
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General questions
What is a Lagoon vault?
A Lagoon vault is made of:
1 vault's (ERC-7540) smart contract;
1 silo contract which contains pending deposits and withdrawals.
A curation solution, such as a Safe.
What do users get when they deposit in a vault?
Users receive ERC20 tokens, representing a share of the vault, in exchange for their assets.
How many chains are supported?
Chains list is available at Networks & Addresses
Can the curating solution/address be updated? (safe variable in the smart contract)
This feature is not currently available but will be included in a future update.
What types of strategy can be set up?
It varies depending on the chosen curation solution and its adaptability.
Does the protocol charge fees ?
Yes. Lagoon takes a protocol fee of 10% on the fees collected by the curator (management and performance fees) — not on user deposits or on the vault's assets. The on-chain limit is 30%.
Example: a curator generates 1000 shares of fees through management and performance fees. With a 10% protocol fee rate, Lagoon receives 100 shares and the fee receiver 900 shares.
See Fees for the full fee breakdown.
Can a vault do cross-chain strategies ?
The strategies a curator can execute are exclusively limited by the curation solution he used.
For example, a vault curator using a Safe can bridge funds across EVM chains, non-EVM chains, and even CEXs.
Security
How decentralized is the protocol?
Lagoon is the only entity capable of deploying vault upgrades; however, enforcement of these upgrades is exclusive to each vault's "Upgrade Authority."
Has Lagoon been audited?
At Lagoon, we prioritize security and focus on delivering high-quality code with thorough tests and audits. The several iterations of the vaults have been audited by Nethermind. Discover more here.
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