Creating Hard Yield: How the Jones DAO team are leading innovation in DeFi
The Decrypting Crypto Podcast
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How to Deploy Liquidity for Defy Options
The vault is a receipt that you're getting for putting assets in the in the vault, but with the additional aspect of this that they accur yield. The liquidity part comes in because usually in an auction pocall, like in dope, your collateral is locked for the duration of the epoch. So by having these j acids, we've basically unlocked liquidity for defy options. Where before, e as an auction writer, you coldn't really access your funds with ah j acids.
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