⛏️How does Fama work?
Below is an overview of how Fama works if you are a user:
Visit the Fama website, click "Launch App" and connect your web3 wallet. Check Setting up your Web3 Wallet if you require support for this stage.
In the top left, you will see the current vault you are viewing. Clicking this box will reveal a list of all live vaults. Note: At MVP launch, only ETH/USDC Famabot will be available
The main page will provide you core details about the Vault and its performance.
To the right, the "manage" section is where you can interact with the vault and manage in positions you might have.
For the first time using it, make sure "USDC" is selected in the dropdown. Enter the amount of USDC you would like to deposit and then hit the "Deposit Button"
You will need to approve some actions from your web3 wallet. A popup will most likely appear from your installed web3 wallet with the next steps. For more details above approvals please visit What happens when I deposit funds into a vault?
Once the funds are received, the vault will convert funds based on signals it receives from our AI models with the intention of increasing these balances over time.
If you wish to leave the vault, select "LP" from the dropdown in the "manage" section and insert the amount you wish to withdraw.
Click the "withdraw" button and you will be prompted to sign an action from your web3 wallet.
Shortly after, your funds should return to your wallet.
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