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 withdrawals; you’re not buying from a fixed inventory. As the underlying assets produce earnings, those earnings are deposited back into the vault, increasing the value of existing nvAsset tokens for all holders over time.