Shielded Yield

Shielded Yield allows users to earn yield on their assets while keeping both balances and rewards private. Instead of shielding the assets directly, Shielded Yield shields the yield-bearing tokens, ensuring that participation in vaults does not compromise privacy.

To access Shielded Yield in the Blanksquare Mobile App, tap the piggy bank icon in the bottom menu.

Creating a Position

A position is created by depositing funds into a selected vault. Each vault provides detailed information such as estimated APY, current TVL, and volume, so you can make informed decisions before depositing.

To create a position:

1. Tap Deposit.

2. Select the account from which assets will be taken.

3. Enter the amount you want to deposit.

4. Confirm the transaction.

Withdrawing from a Position

To withdraw funds from a vault position:

1. Select the position from your list of active positions.

2. Tap Withdraw.

3. Choose the account to which the assets will be sent.

4. Enter the withdrawal amount.

5. Confirm the transaction.

When withdrawing assets from Shielded Yield, we recommend using a fresh account to maintain maximum privacy.

The Blanksquare app makes this easy by allowing you to create a new account directly during the withdrawal process.