How to use Pallas

Pallas is a fully decentralized protocol, meaning all interactions deposits, withdrawals, and vault selection are performed directly through your Web3 wallet. This section walks you through the full user journey, from connecting your wallet to redeeming your position.

1. Connect Your Wallet

To begin using Pallas:

1. Open the Pallas App.

2. Click “Connect Wallet”.

3. Select your Web3 wallet (e.g., MetaMask, Rabby, Coinbase Wallet).

4. Approve the connection request in your wallet.

Once connected, you will gain access to the vault dashboard and your personal positions.

2. Select a Vault

After connecting your wallet, you will see the list of available vaults, each representing a different quantitative strategy.

For each vault, you can view:

• Strategy type (market-neutral, basis arbitrage, etc.)

• Historical yield metrics

• Risk parameters

• Fees

• Supported assets

Choose the vault that fits your objectives and click “Deposit”.

3. Deposit Into a Vault

Depositing is simple:

1. Enter the amount you want to deposit.

2. Approve the token allowance (if required).

3. Sign the deposit transaction with your Web3 wallet.

4. Wait for on-chain confirmation.

Once confirmed, your vault shares are minted and your position becomes active.

Note: After depositing, the Pallas engine will begin looking for suitable market conditions to deploy capital. This may take some time, depending on:

• Volatility

• Liquidity

• Funding rates

• Spread opportunities

The strategy never forces entries; it waits for optimal execution windows to maximize net yield.

4. Monitor Your Position

Your dashboard gives you a real-time view of your vault position, including:

• Current balance

• Vault shares

• Yield metrics

• Compounded performance

• Strategy allocation

• Pending airdrops (when applicable)

• Historical performance

• Redemption status (if a withdrawal is in progress)

This view updates automatically as the algorithm executes trades and as market conditions evolve.

5. Withdraw Your Funds

Withdrawing is just as simple as depositing:

1. Go to your dashboard.

2. Select “Withdraw”.

3. Enter the amount to redeem.

4. Sign the withdrawal transaction in your wallet.

This action starts the redemption process, which follows the vault’s variable redemption window (typically 1 hour to 3 days, depending on market conditions).

During this time:

• Positions are unwound optimally

• Spreads are minimized

• Execution avoids impacting net yield

Once complete, your funds are automatically transferred back to your wallet.