Vaults are on-chain, non-custodial smart-contract pools that hold assets designed to generate yield.
When you deposit into a NUVA vault, you receive nuAsset tokens directly in your wallet that represent your proportional share of the vault.
The vault’s holdings adjust dynamically with deposits and redemptions, you’re not buying from a fixed inventory. As the underlying assets produce returns, those earnings are reinvested back into the vault, increasing the value of existing nuAsset tokens for all holders over time.