Positions & Yield
Understanding positions
A position in Wick represents your deposit in the vault paired with a specific target token. Each position is uniquely identified by your wallet address and the target token you chose.
You can have multiple positions open at once, each with a different target token. For example, you could have one position earning yield in USDC and another earning yield in CRT at the same time.
Position details
When you expand a position card, you'll see:
Deposited: The amount of lanternSOL in the vault, along with the equivalent SOL value based on the current exchange rate
Claimable Yield: How much of your target token has accumulated and is ready to claim
Est. Staking APY: The current lanternSOL staking rate
Est. Combined APY: For CRT positions, this shows the compounded rate of staking yield plus the CRT vault yield
How yield accumulates
Wick works on a harvest/distribute model. The protocol's cranker periodically:
Calculates how much the lanternSOL exchange rate has increased since the last harvest
Converts that yield into the target tokens for each position
Credits the converted amount to each position's claimable balance
The yield shown in your position reflects what's already been converted and is ready to claim.
Claiming yield
To claim your accumulated yield, expand your position card and click the "Claim" button. This sends the target tokens from the vault to your wallet. You need to sign one transaction.
If you have multiple positions with claimable yield, you can use the "Claim All" button at the top of the positions list. This batches all claims into a single transaction so you only need to sign once.
Protocol fee
The protocol charges a fee on yield, expressed in basis points. You can see the current fee rate at the bottom of the page (e.g., "Fee: 5%" means 500 bps). This fee is taken before yield is credited to your position, so the claimable amount you see is already net of fees.
Protocol status
At the bottom of the page, you'll see whether the protocol is active or paused. When paused, new deposits and claims are temporarily disabled. Withdrawals may still be available depending on the situation.
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