FAQs
Frequently asked questions about Moocon Vaults.
General
Can I lose my deposit?
No. Your deposited principal is held in Jupiter Lending and is fully redeemable at any time by burning your pTokens. Only the yield generated by your deposit is pooled into prize drawings.
Is this audited?
The protocol is currently on Devnet. Audit details will be published before mainnet launch.
Deposits & Withdrawals
When can I withdraw?
At any time. There is no lock-up period. Redeem your pTokens via the withdraw tab in any vault card to receive back your underlying tokens.
What are pTokens?
Position tokens representing your share of a vault. They are minted on deposit and burned on withdrawal. Your pToken balance determines how many tickets you hold in each drawing.
What happens to yield I earned if I withdraw before a drawing?
Yield already pooled for the current round stays in the vault for that round's winner. You do not receive a pro-rata share of accrued but unclaimed yield when you withdraw.
Drawings
How often do drawings happen?
Drawings run every round. The current round duration is 30–60 minutes. A countdown to the next drawing is shown on each vault card.
How is the winner chosen?
Using a provably-fair Commit–Reveal scheme combined with ORAO VRF. Two independent entropy sources (the operator's secret hash and an external VRF fulfillment) are XOR-combined to produce a final seed. The result is deterministic and verifiable on-chain by anyone using their Merkle proof.
How do I know the drawing is fair?
Every depositor's wallet and ticket weight is committed to a Merkle tree at the start of each round. The Merkle root is stored on-chain. After the reveal, anyone can verify whether their inclusion was correct and that the winner selection followed the published algorithm.
What do I win?
The winner receives the entire pooled yield for that round, paid out as pTokens of the same vault. You can hold them to continue participating or redeem them immediately.
Tokens & Supported Assets
What tokens are supported?
Currently USDC and WSOL on Solana Devnet. Additional tokens supported by Jupiter Lending will be added over time.
Where do I get USDC or WSOL on Devnet?
- USDC: faucet.circle.com
- SOL: faucet.solana.com
Points & Referrals
How do I earn points?
By holding pTokens and by referring active users. Points accumulate continuously.
Can I use multiple referral codes?
No. Each wallet can only use one referral code. The link is permanent once set.
Can I refer myself?
No. You cannot use your own referral code.