The lookout
What one Leaf is worth
Collecting the first samples — the series records one point an hour, so the curve appears within a few hours of the vault going live.
Your Leaf count never changes — this is what each one is worth. It rises as the vault earns fees. A deposit moves net asset value but never this line, which is why they are charted apart.
ETH / USDG
Reading chain…
Questions worth asking first
The vault pulls your USDG with transferFrom, so it needs an ERC-20 allowance first. The approval is for exactly the amount you are depositing, never unlimited, so nothing is left standing against the vault afterwards.
That costs a second signature on each deposit. It is a deliberate trade: an unlimited approval would save a click and leave a permanent claim on your balance long after you stopped using the vault. It also reads as a risk signal to wallet security scanners, which is a fair reading of what it actually is.