Multi-Asset Vaults
A Multi-asset Vault is an ERC-4626 contract deployed and managed by third parties that receives user deposits and allocates them across a select group of isolated lending markets (single-asset vaults).
The Vault manager actively allocates capital to optimize the Multi-asset Vault's yield. In return, they may charge a performance fee—a percentage of the interest earned by the vault.
A Multi-asset Vault inherits Silo’s risk-isolated design at the market level, but its overall risk profile depends on the set of markets they allocate to. As a result, Multi-Asset Vaults may introduce diversified yield opportunities along with broader counterparty exposure.
There are three concepts to Silo Vaults: