BRT Receipt Token

What are BRT receipt tokens?

You will see various BRT tokens (eg: BRT1, BRT2-UVRT, etc). BRT is an abbreviation for "Baklava Receipt Token" and is a form of receipt, you receive these tokens when you interact with vaults, different vaults have different BRT tokens.

  • What should I do with my BRT tokens if my vault is deprecated or no longer giving out rewards? If you have BRT tokens from deprecated vaults, you simply need to withdraw your principal from these vaults using the BRT tokens. Funds from deprecated vaults are safe. eg: Deprecated Pangolin/TraderJoe vaults have BRT1 tokens, and you can move to the active Pangolin/TraderJoe vault by undelegating your LP tokens and redelegated to the new farms to enjoy the rewards. Once in the new farm, you will receive BRT tokens from the new vaults.

  • Why are there different BRT tokens? Different BRTs correspond to different vaults. Hence if user that deposits into TraderJoe vault user will receive a different BRT token from another users who deposits in a different vault.

  • Why didn't I get BRT when using a vault? Most but not all vaults will give you a BRT as receipts. When in doubt about your vault check on your specific vault on Gitbook, or reach out on twitter or discord.

  • Will I lose my principal (LP, tokens) if my vault is deprecated? Your principal (LP, tokens) are SAFU as long as you have your BRT tokens.

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