Earn

Vaults

Sharewoods exposes two primary supply vaults. Both are ERC-4626-compatible share tokens that represent a user’s proportional claim on the underlying positions and accrued interest (after performance fees).

Balancer target utilization

90.00%

Idle buffer target

10.00%

Force deallocation fee

1.00%

Earn RWA Vault performance fee

10.00%

Classic Vault performance fee

5.00%

Earn RWA Vault (swRWAUSDG)

How it works

1. User deposits native USDG into the Earn RWA Vault.
2. The vault mints swRWAUSDG shares to the user.
3. The automated liquidity balancer allocates the USDG across the supported RWA markets, continuously targeting ~90.00% utilization.
4. Interest earned from borrowers accrues to the vault. A 10.00% performance fee is taken on the interest; the remainder is reflected in the rising exchange rate of swRWAUSDG.

Classic Vault (swCUSDG)

How it works

1. User deposits native USDG into the Classic Vault.
2. The vault mints swCUSDG shares.
3. The automated liquidity balancer supplies the USDG into the vault’s markets, targeting ~90.00% utilization.
4. Yield is generated from borrowers who post crypto collateral. A 5.00% performance fee is taken on the interest; the remainder accrues to swCUSDG holders.

Withdrawals and force deallocation fee

Users can redeem swRWAUSDG or swCUSDG for the underlying USDG at any time, subject to available liquidity.

• When sufficient idle liquidity exists in the vault, withdrawals occur at the current exchange rate with no additional fee.
• When the requested amount requires forcibly deallocating (pulling) liquidity that is actively allocated/supplied into markets, a 1.00% force deallocation fee is applied.
• The fee is deducted from the withdrawn amount and is designed to discourage frequent forced withdrawals that would otherwise disrupt market utilization and rates.
• The fee applies only to the forcibly deallocated portion; any idle liquidity withdrawn incurs no fee.

The automated balancer’s 10.00% idle target helps reduce the frequency of force-deallocation events.

How to supply / earn

Via Earn RWA Vault

1. Connect a wallet that holds native USDG on Robinhood Chain.
2. Navigate to the Earn RWA Vault interface.
3. Approve the vault contract to spend USDG (if required).
4. Deposit the desired amount of USDG.
5. Receive swRWAUSDG shares in return.

The exchange rate of swRWAUSDG increases as interest accrues (after the performance fee). Capital efficiency is supported by the automated balancer targeting 90.00% utilization and by JIT matching.

Via Classic Vault

1. Connect a wallet holding native USDG.
2. Navigate to the Classic Vault.
3. Approve and deposit USDG.
4. Receive swCUSDG shares.

Redeeming / withdrawing shares: idle liquidity → full amount at current exchange rate, no fee. Force deallocation required → 1.00% charged on the portion pulled from active market allocations. Always check available liquidity before large withdrawals. Any APY shown in the interface is typically the net yield after the applicable performance fee.

Fees & share tokens

Both tokens are non-rebasing. Value accrual is reflected in the rising share-to-asset exchange rate after the performance fee has been taken. There is no native governance token or inflationary reward token in the core protocol. Yield is generated solely from borrower interest (net of performance fees).

Points

Supplying USDG to Earn vaults can earn Sharewoods points over time. Rates are set by deployment configuration and can change.

Supply points

1 pts / hour / 100 USDG

Track balances on the Dashboard.

Open Earn →