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Deposit into DAMMeth

DAMMeth takes ETH on Ethereum mainnet. The vault's asset is WETH (wrapped ETH). You deposit through the Lagoon app. Your deposit settles at the fund's next NAV, and then you claim DAMMeth shares.

DAMMeth · deposit walkthrough

What you need​

Approval
An approved wallet. Email [email protected] first.
Network
Ethereum mainnet (chain ID 1)
Asset
WETH (0xC02a…6Cc2). If you hold ETH, wrap it first, or use the ETH option if the app offers it.
Gas
ETH on Ethereum
Vault
0x3c63f3ce75dc83735745cf4e86b63414d95ee355
App
Lagoon · DAMM Capital funds

Deposit​

  1. Email us. Write to [email protected] with the wallet address you plan to use. Wait for our reply before you send funds.
  2. Fund your wallet. Hold the ETH or WETH you want to deposit on Ethereum, plus extra ETH for gas.
  3. Open the fund. Go to DAMM Capital on Lagoon and select DAMM Ethereum Fund (DAMMeth) on Ethereum. Or open the vault page directly. Check that the vault address matches the one above.
  4. Connect and enter the amount. Connect your wallet and enter how much to deposit.
  5. Approve, then request. If you deposit WETH, approve it for the vault first. Then confirm the deposit request. Your deposit moves into the vault's pending area.
  6. Wait for settlement. The request stays pending until DAMM's next NAV settlement. It earns no yield while pending. You can cancel it in the app until the next NAV update is proposed.
  7. Claim your shares. After settlement, your DAMMeth shares are ready. Claim them in the app. They earn yield from settlement onward, claimed or not.

Redeem​

  1. On the fund's Lagoon page, choose to redeem and enter how many shares to redeem.
  2. Confirm the redemption request. It cannot be cancelled once sent.
  3. After the next settlement, claim your WETH in the app.

DAMMeth offers T+1 liquidity when needed. See DAMMeth terms.

Measured in ETH

DAMMeth is built to grow your ETH. Judge it by how many ETH your shares are worth, not their USD value.