Symbiosis X Symbiotic: SIS Restaking Vault User Guide

Introduction

This guide explains what the SIS Restaking Vault is and provides instructions on how to deposit and withdraw SIS tokens.

What is the SIS Restaiking Vault?

Symbiotic is a permissionless restaking protocol that enables decentralized protocols and ecosystems to access economic security from those who provide staked assets.

In Symbiotic, staked assets are locked into Vaults – smart contract-based pools, each configured to accept a specific ERC-20 token. These Vaults allow stake providers to contribute assets and receive rewards, while protocols utilize the staked assets to enhance security, particularly for cross-chain operations.

The Symbiotic infrastructure, including Vault contracts, operates on Ethereum.

SIS Vault Parameters

Symbiosis has deployed a Symbiotic Vault with the following parameters:

• Vault Token: SIS

• Vault Limit: Initially set at 1,000,000 SIS tokens.

• Seeded Funds: 250,000 SIS provided by the Symbiosis Foundation

• Open Deposits: The remaining tokens are available for SIS holders to deposit

250,000 SIS tokens have been seeded by the Symbiosis Foundation. The remaining tokens are open for deposits from SIS token holders.

The vault funds are used to secure the Symbiosis Protocol by supporting relayer nodes within the Symbiosis Relayer Network.

Why Stake in the SIS Vault?

Staking SIS tokens in the vault helps secure the Symbiosis Protocol by increasing its economic backing.

Users who deposit SIS tokens into the vault are eligible to receive:

1. Liquidity rewards for providing staked assets

2. Symbiotic Points as additional incentives (details: Symbiotic Points Session 2)

Guidelines

How to Deposit

Getting SIS Tokens

Since the entire Symbiotic infrastructure, including Vault contracts, operates on Ethereum, you must first obtain SIS tokens on Ethereum before making a deposit.

The easiest way to swap any token for SIS or bridge SIS tokens to Ethereum is through the Symbiosis WebApp.

Steps to Get SIS Tokens Using the Symbiosis WebApp:

1. Open the Symbiosis WebApp.
2. Connect your wallet.

3. In the "From" field: Select the source chain and token you want to exchange.

4. In the "To" field: Select Ethereum and SIS:
5. Complete the swap.

Depositing

Note: Withdrawals of deposited tokens may have a delay of 7–14 days.

Steps to Deposit into the SIS Vault:

1. Open the SIS Vault details in the Symbiotic web application:
2. Connect your wallet (make sure the active account is the one with SIS tokens):
3. Go to the "Action" tab:
4. Switch the network if required.

5. Enter the deposit amount and click "Deposit":
6. Approve the token spending in your wallet:
7. Confirm the deposit transaction in your wallet:
8. Deposit completed!

All your Positions and Withdrawals in Symbiotic vaults can be viewed in the Dashboard:

How to Withdraw

Note: Withdrawals of deposited tokens may have a delay of 7–14 days.

Steps to Withdraw Your Deposited Tokens from the SIS Vault:

1. Open the SIS Vault details in the Symbiotic web application:
2. Connect your wallet (make sure the active account is the one used for the deposit).

3. Go to the "Action" tab:
4. Switch the network if required.

5. Go to "Withdraw":
6. Enter the withdrawal amount and click "Request Withdrawal":
7. Confirm the withdrawal transaction in your wallet:
8. Withdrawal request placed!

All your Positions and Withdrawals in Symbiotic vaults can be viewed in the Dashboard: