> ## Documentation Index
> Fetch the complete documentation index at: https://yieldxyz.mintlify.site/llms.txt
> Use this file to discover all available pages before exploring further.

# Veda

> Deposit USDT0 into a Veda BoringVault on Plasma and exit through an on-chain withdrawal queue.

The Veda integration deposits assets into a Veda **BoringVault**: you deposit an asset through a `Teller` contract and receive a vault share, whose redemption value tracks an on-chain `Accountant` exchange rate rather than a rebasing balance.

<Note>
  The Veda BoringVault stack also backs two other yield.xyz integrations: [Ether.fi Liquid](/documentation/earn/defi/vaults/etherfi-liquid) on Ethereum and Optimism, and [Kinetiq](/documentation/earn/defi/vaults/kinetiq) on HyperEVM. Each has its own page; this page covers only the Veda-branded vault on Plasma.
</Note>

## Availability

| Network | Input token | Position token |
| - | - | - |
| Plasma | USDT0 | Veda BoringVault share (Plasma USDT0 Savings Vault) |

Query [`GET /v1/yields?providers=veda`](/api-reference/YieldsController_getYields) for the vault enabled for your project.

## Entering

Entering approves USDT0 to the BoringVault (not the Teller) if needed, then calls the Teller's `deposit`, which mints shares immediately. The transaction includes a minimum-mint check derived from the vault's exchange rate with a 0.5% slippage tolerance, so a deposit reverts rather than minting at a worse rate.

## Exiting

Exiting is a two-step request, not an instant redemption. It approves your shares to the vault's withdrawal `Queue`, then submits `requestOnChainWithdraw` specifying the asset to receive, the queue's minimum discount, and a deadline (10 days by default). Maturity is set by the vault's on-chain withdrawal queue (the yield's `cooldownPeriod` is 1 day); the request is tracked off-chain by Veda's withdrawal infrastructure and surfaced as an `exiting` balance until it settles.

<Warning>
  A withdrawal request that reaches its deadline without being claimed has no cancellation path through the API today. Size withdrawal requests so they clear well inside the 10-day deadline.
</Warning>

## Rewards and position

The vault share's value rises automatically as the Accountant's exchange rate grows; no claim step is needed for this base yield. The Plasma vault also distributes a separate reward token through **Merkl**, a third-party distribution protocol, which requires an explicit claim: submit the `CLAIM_REWARDS` pending action to claim your proof-based allocation from Merkl's distributor contract. Track both the base position and any claimable Merkl rewards via [balances](/documentation/earn/core-concepts/balances-positions).

## Next steps

<Columns cols={2}>
  <Card title="Vaults" icon="vault" href="/documentation/earn/defi/vaults/index">
    Compare Veda against the other vault integrations.
  </Card>

  <Card title="Action lifecycle" icon="arrows-rotate" href="/documentation/earn/core-concepts/actions">
    Build the enter and exit flow, including the CLAIM\_REWARDS pending action.
  </Card>
</Columns>


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