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Your First Deposit

This guide walks you through making your first deposit into any Catpound vault.

Prerequisites​

  • OPWallet installed and connected (see Connect Your Wallet)
  • A balance of the token you want to deposit (MOTO, PILL, MCHAD, or MOTO/PILL LP)
  • A small BTC balance for transaction fees

Steps​

1. Pick a vault​

Open catpound.org and go to the Vaults page. You'll see all active vaults with their TVL and current share price. Click the one matching the token you want to deposit.

2. Enter your amount​

Type the amount, or click Max to use your full balance. The interface will preview how many receipt tokens (cpMOTO, cpPILL, etc.) you'll receive.

3. Approve (first time only)​

The first time you deposit a given token, you'll be prompted to approve the vault to spend it. This is a one-time transaction per token per vault.

4. Deposit​

Click Deposit and sign the transaction in OPWallet. Once it confirms, you'll see:

  • Your receipt token balance appear in your vault position
  • The vault's TVL update to include your deposit

That's it — the vault starts earning on your behalf immediately.

What happens next​

Over time your receipt token becomes worth more of the underlying as the vault harvests and reinvests rewards. You don't need to do anything to benefit. When you want out, use the Withdraw tab on the same vault page.

See Deposit and withdraw for the full interaction flow.