Frequently asked questions
Straight answers, no jargon. What you earn, how to claim, whether it is safe, how to check it yourself, and how it works underneath.
The basics
What is VaultBags, in one sentence?
Hold a token called $VAULT and you earn real-world assets, gold, the S&P 500, and US government bonds, paid straight to your own wallet.
Do I need to understand crypto or DeFi to use it?
No. You hold $VAULT, and when you want your rewards you press claim. That is the whole thing. You do not need to understand how it works underneath for it to work.
Where do the rewards come from?
Every time $VAULT is traded, a small fee is collected. That fee is automatically converted into gold, the S&P 500, and US Treasuries, and shared among holders. The more the token is traded, the more there is to claim. No trading means no fees and no new rewards; whatever already accrued stays claimable.
What exactly do I get?
Three real-world assets, tokenized on Solana: gold (tracks the price of physical gold), the S&P 500 (the 500 largest US companies), and US Treasuries (US government bonds, which also pay yield). You claim your share of all three directly to your wallet.
Rewards and claiming
How much can I earn? Is there a percentage?
It depends on how much trading happens. The reward simulator lets you enter a trading volume and shows the dollars, an estimated annual percentage, and how long it would take to pay back what you put in. It is an estimate from those numbers, not a promise: real rewards depend on real trading volume.
What do I actually have to do?
Two steps. Hold $VAULT in your wallet. Then go to the claim page, connect, and claim whenever you want. Locking for a larger share is optional (below).
How often are rewards distributed?
The treasury runs every 15 minutes: it collects any fees, converts them to the three assets, and credits each holder's share. Your claimable balance grows continuously as trading happens; you decide when to claim it.
Is there a minimum to claim?
Around $2 in total, so a claim is always worth more than the small network fee it costs. Below that it is cheaper to wait until more has accrued.
How much does it cost to claim?
You pay the network cost of your own claim (the vault co-signs but never funds it). That is a tiny gas fee (~0.000005 SOL), plus a one-time ~0.002 SOL per asset the first time, to create the sub-accounts that hold gold, the S&P 500 and US Treasuries in your wallet. So a first claim is ~0.006 SOL once; after that you only pay gas.
Can I claim if I bought recently?
Yes, but you only earn from fees generated after you bought. You cannot claim rewards that built up before your purchase, which is what stops a buy-claim-sell exploit.
What happens if I sell without claiming?
You leave behind whatever you had not claimed. Rewards build up while you hold; if you sell first you forfeit them, and they are recycled to the remaining holders, never kept by anyone. So claim before you sell. You can check any wallet's unclaimed amount on the claim page without connecting.
What happens when I sell only some of my tokens?
Your share of future rewards drops in proportion to what you sold. Whatever you had already accrued stays claimable; selling everything resets you to zero.
Locking for a bigger share
Do I have to lock my tokens?
No. Holding alone earns rewards. Locking is optional: it earns up to 1.5x extra from a separate pool. You can simply hold and claim without ever locking.
Where do I lock for the boost?
The easiest way is the in-app Lock page: connect, choose an amount and an unlock date at least a week out, and sign. VaultBags detects the lock automatically within 15 minutes, no extra steps.
Without connecting your main wallet
Can I claim without connecting my main wallet?
Yes. You can delegate to a second, empty "burner" wallet so it acts for your main one without your main wallet ever connecting or signing again. Set it up on the delegate page. The delegate can claim, vote, and enter raffles on your behalf, but rewards always go to your main wallet, never the burner, so nothing can be redirected.
Is delegating safe? Can the burner steal anything?
No. Delegation grants no power over your tokens and no ability to move funds anywhere but back to your own wallet. You can revoke it at any time, from either wallet, and every claim still lands in your main wallet by design.
Is it safe, and how do I verify it
Is my money safe? Can anyone take it?
The protocol never holds your keys. Your $VAULT stays in your wallet, and your rewards arrive in your wallet when you claim, because you sign every claim yourself. Nobody can move your tokens or your rewards for you.
How do I know it is real and not a scam?
Everything is on-chain and anyone can check it. The proof of reserves page shows every wallet that holds the assets, read straight from Solana. $VAULT is listed on CoinGecko and verified on Jupiter. And on the claim page you can check any wallet's unclaimed rewards without even connecting.
Do the rewards hold their value?
They are real-world assets, so their value moves with gold, the stock market, and bond yields, not with crypto sentiment. Gold is a long-standing store of value, the S&P 500 has never had a losing 20-year stretch, and US Treasuries pay steady yield. Once claimed, they are yours, in your wallet.
Does the founder take a cut?
No. $VAULT sends 100% of its fee sharing to the vault for holders. There is no founder allocation and no team vault. The founder holds and locks like anyone else, earning through the same system.
How it works underneath
Is USDY a stablecoin?
Not exactly. Its price is around $1.10 and rises a little every day as the underlying US Treasury yield accrues into it. It is yield-bearing, not pegged to $1.00, so a price above a dollar is normal and correct.
How is circulating supply calculated?
Total supply minus the tokens sitting in the bonding curve and in the locked liquidity pool. Those are not in circulation and do not earn rewards, so your share is measured against the rest.
What is the 10% liquidity portion?
Of every distribution, 10% stays as SOL and is added to $VAULT's liquidity pool as permanently locked liquidity, which cannot be withdrawn. That position also earns trading fees, which are automatically reinvested, so the locked liquidity compounds over time.
Can other tokens use VaultBags? What is the protocol fee?
Yes, any Bags token creator can activate it for their holders. For external projects, 5% of their fees become permanently locked liquidity in the $VAULT pool, strengthening $VAULT. This does not apply to $VAULT itself.
What launch model does Bags use now?
Bags uses a single default launch model with a trade fee that eases down as the token's market cap grows, and most of the supply locked at launch. How much reaches VaultBags depends on the fee-share split the creator sets. $VAULT itself launched earlier under Bags' Founder Mode, where 1% of each trade flows to the vault.
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