Vault Page : nGLP

https://neutra.finance/vault/glp

Invest in nGLP Vault

Step 1. Go to Vault page.

Step 2. Enter GLP Market Neutral Vault page.

Step 3. Approve & Deposit

  • If it is your first time depositing to the vault, you will need to approve deposits by clicking on the "Approve" button.

  • After the approval, the button will change to "Deposit" button. Enter the amount of DAI and/or GLP you want to deposit.

Step 4. Check Process & Wallet

  • When you click "Deposit", a popup will appear, showing the status of your deposit.

  • When you see the "Complete" popup, it means that your deposit has been successfully made.

  • You will now be able to find the nGLP token within your wallet!

Claim Rewards

To claim your esNEU and DAI rewards, click on the "Claim" button in the Reward section.

Withdraw from Vault

Step 1. Go to GLP Market Neutral page.

Step 2. Click on the Withdraw tab and enter the amount you want to withdraw. You can choose the token that you will receive as either GLP + DAI or DAI.

*The default is set to receiving GLP + DAI since this setting enables you to pay less fees.

Step 3. Check Process & Wallet

  • When you click "Withdraw", a popup will appear, showing the status of your deposit.

  • When you see the "Complete" popup, it means that your withdrawal has been successfully made.

  • You will now be able to find the requested tokens within your wallet! (GLP + DAI or DAI)

Error Messages

Deposits & Withdrawals: Congestion

  • Because deposits/withdrawals take place one by one, deposits/withdrawals are available only after the previous request has been completed.

  • However, do not worry! With our V2 update, deposits and withdrawals only take up to 5 seconds to complete.

Deposits & Withdrawals: Fee Update

  • GMX takes Borrow Fee from open positions every hour. To reflect and update this feature to our strategy, deposits might be delayed a few minutes every hour.

  • This process takes up to no more than 2 minutes.

Deposits: Open Interest Limit

  • GMX has a maximum open interest cap. When the cap is reached, we cannot open any short positions, thus, deposits cannot be made.

  • Check out GMX's dashboard to keep an eye out for position openings!

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