Go to website

Deposit

Spoon provides a simple and secure deposit service using USDT (Kaia network). You can start earning Bowl points in just a few easy steps, with no complicated processes required.

Where to Deposit

  • Initial deposits are made on the Vault detail page.

  • Additional deposits can be made either from the same Vault detail page or from the Portfolio page.

Supported Assets

  • Supported Asset: USDT (on Kaia network)

  • Minimum Deposit: $1,000

  • Maximum Deposit: $100,000

  • Principal Stability: The deposited USDT is managed to minimize volatility risk.

How to Deposit

Step 1: Select a Vault

  • Choose the desired Vault.

  • Check each Vault’s projected yield and operational strategy.

Step 2: Enter Deposit Amount

  • Enter the deposit amount manually or use the “Max” button to deposit up to the maximum limit.

  • The platform displays the daily Bowl point accrual according to the entered amount in real time.

Step 3: Connect Wallet & Deposit

  • Verify your connected wallet.

  • Click the “Deposit” button, then sign the transaction in your wallet to complete the deposit.

Step 4: Confirm Deposit Completion

  • As soon as the deposit is complete, you can verify it in the “My deposit” section.

  • Daily Bowl point accumulation starts automatically from UTC 00:00 the following day.

Additional Features

Multiple Deposits

  • You can deposit multiple times into the same Vault.

  • Additional deposits are possible from both the Vault detail and Portfolio pages.

  • All deposits are aggregated for the purposes of higher Bowl multiplier tiers.

Real-Time Tracking

  • The exact deposited amount is shown in “My current deposit” on the Vault detail page (e.g., $1,234.56).

  • The Portfolio dashboard provides an overview of all your deposited assets and accumulated Bowl points.

  • “My Vault overview” lets you manage all participating Vaults collectively.

New Depositor Benefits ✨

The early bird catches the worm💚

Instant Bonus

  • Receive a 25,000 Bowl bonus immediately upon your first deposit.

  • Receive an additional 1,000,000 Bowl when you reach the $10,000 maximum deposit in a single instance.

First Week Special Benefit

  • For your first 7 days, daily Bowl point accumulation is tripled.

  • Example: With a $10,000 deposit, you’ll accrue 280,000 Bowls daily for 7 days.

Stability & Transparency

  • Stability: By using a stablecoin, the risk of asset value fluctuation is minimized.

  • Real-Time Tracking: All deposit and Bowl accrual statuses are displayed transparently.

  • Security: Managed through blockchain-based smart contracts for automated and secure asset management.

This structure helps even first-time DeFi users start earning efficiently and with peace of mind. If you need deposit process screenshots or step-by-step UI guides, just let us know!

PreviousConnecting the XPLA Vault WalletNextEarning rewards

Last updated