# FAQ

### Getting Started

<details>

<summary>What's the difference between Simple Earn and Pro Earn?</summary>

Simple Earn offers pre-built tiers so you can start earning in a few clicks, no configuration needed. Pro Earn gives you full control over your target price, yield, expiry, and vault parameters. Both use the same on-chain infrastructure and offer guaranteed yield regardless of outcome.

</details>

<details>

<summary>Which mode should I use?</summary>

If you're new to ProdigyFi, start with Simple Earn. If you want to set your own terms or browse vaults created by other curators, use Pro Earn.

</details>

### Understanding Structured Yield

<details>

<summary>What is structured yield?</summary>

Prodigy.Fi’s structured yield vaults let you earn guaranteed fixed yields while strategically choosing to “Buy Low” or “Sell High” on assets like BTC and ETH.

Built on non-custodial, structured option strategies, Prodigy.Fi is designed to help you capitalize on market volatility, offering real, market-driven returns without relying on staking rewards.

</details>

<details>

<summary>What are the use cases of structured yield?</summary>

From first-time investors to professional traders, structured yields can be used as a standalone strategy or to complement a broader portfolio.

Here are some examples:

Sell High: Deposit ETH and sell it (for USDC) at your target price when the vault expires, all while earning a fixed yield on your deposit.

Buy Low: Deposit USDC and buy ETH at your target price when the vault expires, all while earning a fixed yield on your deposit.

Income Generation: If you anticipate stable prices, structured yield vaults offer an alternative source of passive income, with fixed yields at expiration that can boost your overall returns

</details>

### Vaults & Mechanics

<details>

<summary>How does a <a href="http://prodigy.fi">Prodigy.Fi</a> DCI vault work?</summary>

Each vault is an on-chain smart contract that automates deposits and settlements. Vault creators deploy these strategies, while users subscribe and earn yield based on the vault’s outcome.

Buy Low: Users can buy crypto assets at their preferred target price at expiration if the market price falls to or below the linked price. Yields are earned regardless of the outcome.

Sell High: Users can sell their crypto assets at their preferred target price at expiration if the market price rises to or above the linked price. Yields are earned regardless of the outcome.

</details>

<details>

<summary>What are the vault parameters?</summary>

Each vault parameter is determined at creation:

* Asset Pair (e.g., ETH–USDC)
* Direction (Buy Low or Sell High)
* Linked Price (target buying or selling price)
* Yield (percentage return offered)
* Expiration (settlement date)
* Quantity (available liquidity size)

These parameters determine how rewards are distributed at expiry. Read more [here](https://prodigyfi.gitbook.io/dual-investment/how-prodigy.fi-works/vault-creation/vault-parameters).

</details>

<details>

<summary>Why are <a href="http://prodigy.fi">Prodigy.Fi</a> yields so high?</summary>

Yields on Prodigy.Fi come directly from vault creators. Vault creators pay a premium upfront (your yield) to gain exposure to market movements — similar to how someone pays an insurance premium to hedge risk or position themselves.

When you subscribe to a vault, you act as the counterparty (like an insurance provider), earning high fixed yields in return for taking on defined market risk.

* If the linked price is not reached, you keep your deposit plus the guaranteed fixed yield (your “premium”).
* If the linked price is reached, your deposit is converted into the target asset at that price, and you still receive your guaranteed fixed yield.

It’s a mutually beneficial system: traders gain targeted exposure, and you earn high, fixed returns backed by real trading activity.

</details>

<details>

<summary>How are yields calculated?</summary>

Yields are fixed and not market-driven.

* The annualized yield (APY) = Yield / (Expiry Date - Today) × 365.
* Your actual reward = Subscription Amount × Yield.
* Your reward asset (ETH or USDC) depends on whether the linked price is reached.

</details>

### Rewards & Settlement

<details>

<summary>When and how do I get my rewards / yields?</summary>

Rewards and settlements are executed transparently on-chain.

You can withdraw your deposit and yield from your [portfolio](https://mainnet-base.prodigy.fi/portfolio) starting two hours after expiration (10:00 AM UTC), beginning at 8:00 AM UTC.

Detailed guide [here](https://prodigyfi.gitbook.io/dual-investment/user-guide/subscribe-to-a-vault/withdraw-from-your-vault).

</details>

<details>

<summary>How is the final price determined at expiration?</summary>

Prodigy.Fi uses verified oracle data from Pyth and Chainlink to capture the official market price at 08:00 AM UTC on the expiration date.

This determines whether your vault settles as “Linked Price Reached” or “Linked Price Not Reached.”

</details>

<details>

<summary>Can I cancel my subscription?</summary>

No. Subscriptions are final to ensure fairness and consistency.

However, vault creators may cancel unfilled liquidity before expiration — but not existing subscriptions.

All vault subscriptions can only be withdrawn after expiration, even if a vault creator cancels unfilled liquidity prior to expiration.

</details>

### Risk, Transparency & Technology

<details>

<summary>What are the risks?</summary>

Structured yield vaults are not principal-guaranteed. If market prices move significantly beyond your target, you may miss better opportunities to buy or sell. However, you always receive yield for your participation.

Your funds are never rehypothecated or moved off-chain. Everything is managed transparently by audited smart contracts.

</details>

<details>

<summary>Is my capital safe?</summary>

All vaults are non-custodial and on-chain. Your funds remain in the vault smart contract throughout the duration of your subscription.

Prodigy.Fi does not have access to move or use your tokens.

</details>

<details>

<summary>Which price oracle does <a href="http://prodigy.fi">Prodigy.Fi</a> use?</summary>

We rely on trusted decentralized oracles, such as Pyth and Chainlink, for real-time, accurate price data used at settlement.

</details>

### General

<details>

<summary>Do you have a token?</summary>

Not at this time. Our focus is on product, transparency, and yield innovation first.

</details>

<details>

<summary>How can I get support or learn more?</summary>

Join our [Telegram](https://t.me/prodigyfi) or [Discord](https://discord.com/invite/ProdigyFi) communities or visit our Docs for guides and updates.

Our team and community are active daily to help you get started.

</details>

***

## Learn More

Explore Prodigy.Fi through our educational series, Derivatives Decoded.

#### Episode 1: What Exactly Are Derivatives And Why Do They Exist?

{% embed url="<https://www.youtube.com/watch?v=xS3oHcOrmGE>" %}

#### Episode 2: Breaking Down Options, Perps, and Structured Products

{% embed url="<https://www.youtube.com/watch?v=JG4BYRj7iiU>" %}

#### Episode 3: Introduction to Prodigy.Fi and Structured Yield

{% embed url="<https://www.youtube.com/watch?v=d7KxQVYjxqE>" %}


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