Moocon Vaults
Prize savings vaults on Solana that turn lending yield into prizes while your deposit stays redeemable.
What is Moocon Vaults?
Moocon Vaults is a prize savings protocol on Solana. You deposit a supported token, receive pTokens that represent your position, and the yield generated by every depositor is pooled into prize draws.
Your deposit is never spent on prizes. Only the yield is pooled, and your position stays redeemable through your pTokens.
Start here
- Getting Started: connect a wallet, deposit, withdraw, and claim.
- How It Works: pTokens, tickets, prize tiers, and how a winner is picked.
- Why Stake With Us: who this is for and what you get.
- Referral Program: create a code, use a code, and the rules.
- Risks: what to understand before depositing.
- FAQ: quick answers.
The problem
Lending yield is real but thin. Spread across every depositor it arrives as a few cents a week, too small to notice. Chasing a bigger number usually means trading, leverage, or a lockup, all of which put the deposit itself at risk.
Prize savings takes the other path. Everyone keeps their deposit redeemable, and the yield they would have collected individually is pooled and paid out in prizes large enough to matter.
The product loop
- Deposit JupUSD or SOL into a vault.
- Receive pTokens, the position tokens for that vault. One pToken is minted per unit deposited.
- Earn tickets from your pToken balance. One whole pToken is one ticket.
- Each vault splits its yield across two prize tiers, one that pays often and one that pays larger and less often.
- When a tier is due, eligible tickets are sealed on-chain and a winner is drawn using a committed operator secret combined with MagicBlock VRF randomness.
- The prize is paid as pTokens of the same vault, so a win compounds. Withdraw whenever you want.
What makes it different
- Prize-based yield: the pooled yield goes to draw winners instead of dripping back to everyone.
- Redeemable position: burn pTokens to withdraw the underlying token. No lockup, no protocol withdrawal fee.
- Wallet-native position: pTokens are SPL tokens, so your position lives in your wallet.
- Provable draws: the eligible set is sealed in a Merkle tree before the draw, and the randomness combines two independent sources.
- Two cadences: a frequent tier keeps the product alive between the larger periodic payouts.