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The vault will store the posted collateral, staked governance tokens and youves tracker tokens which are posted to the savings pool / minter conversion pool. All other synthetic assets are held in the user’s wallet unless they are staked in the savings pool / minter conversion pool. Neither the platform nor any other third-party has discretionary access to the users' funds. However, the following rule based features can lead to loss or involuntary exchange of digital assets.

The user's collateral in a vault is exposed to the risk of loss, in case the step in mechanism of the collateral management is triggered.

YOU tokens staked in the staking pool are exposed to risk of partial or even complete loss of the staked YOU tokens, in case the stability mechanism activation is triggered.

The user conversion rights can trigger an involuntary exchanges of digital assets. In the case of the bailout / minter conversion right youves tracker tokens staked in the savings pool / minter conversion pool can be exchanged for tez. In the case of the holder conversion right, tez collateral can be exchanged for youves tracker tokens. These exchanges will generally be done at a different price than the prevailing market price, so the parties can expect to have some profit-and-loss impact. More details can be found in the linked detail sections about the conversion rights.