Silos
A silo is where a vault actually holds its capital. Rather than one pot, a vault uses purpose-specific silos. You don't interact with silos directly, the vault routes everything for you.
| Silo | Holds |
|---|---|
| Deposit silo | Pending deposit-request assets, waiting to be settled. |
| Redeem silo | Settled redemption assets, waiting to be claimed. |
Each silo is itself an ERC-4626 vault. Separating deposits and redemptions keeps each flow's accounting clean and independent.
Why capital sits in a silo?
There's a gap between when you request and when the curator settles. During that gap, your deposited assets wait in the deposit silo, and settled redemption assets wait in the redeem silo until you claim.
Where the protocol's revenue comes from?
While capital waits in a silo, it can earn yield in a low-risk venue (like a money market) instead of sitting idle. This idle-capital yield is T3tris's own revenue, separate from the vault-level fees that go to the curator's fee recipient. It's why curators aren't charged a protocol fee on their performance: T3tris monetizes idle float, not the strategy.