deposits, mechanics, and risk.

• ▸ERC-4626: deposit USDT0, USDC or WHYPE and receive shares. The share price accrues the yield. A withdrawal burns shares and returns the asset.
• ▸The vault can only allocate to its whitelisted Morpho markets, within per-market caps enforced onchain. The reallocator cannot send funds anywhere else.
• ▸Deposit and withdraw on the vault pages or in the terminal (deposit / withdraw <amount> [usdt0|usdc|whype]). Approvals are for the exact amount.
• ▸A liquidity buffer in one market serves ordinary withdrawals without waiting for a reallocation.

A deposit exposes you to real risks that no strategy removes. Nothing here is investment advice. Deposit only what you can afford to lose.

• ▸Smart-contract risk: the vaults, Morpho, and every market's oracle and rate model are code. Code can have bugs.
• ▸Market risk: when borrowers are liquidated into thin liquidity, lenders absorb the bad debt (see capacity_ratio).
• ▸Oracle risk: a wrong price liquidates the wrong positions, or none. MNEMON tracks deviation; tracking is not prevention.
• ▸Liquidity risk: at high utilization, withdrawals can wait until rates rebalance the market.
• ▸Strategy risk: HEGEMON's gates bound its behavior, but they cannot guarantee yield. Past performance predicts nothing.