Inventory

A complete overview of all assets held within a selected MetaVault

This section helps curators:

• Track current MetaVault composition across all LP, PT, YT, and IBT positions.

• Verify exposure across integrated yield markets

• Monitor available assets ready for redeployment

• Review accrued yield and claimable YT balances

• Identify expired PT and LP positions at a glance

Inventory Assets

LP - Liquidity Position

Deployed liquidity positions in pools of the MetaVault. Each entry includes:

• The underlying market or protocol (e.g., Aave, Euler, IPOR)

• Maturity date of the pool

• Current LP token quantity and valuation

Reminder: Yield Tokens are not part of the pool composition.

Available Assets

After settling the MetaVault, this is where the underlying tokens (e.g., USDC) are displayed at a glance.

In addition to underlying (UL), this section can comprise a standalone:

• Interest-bearing Tokens (e.g., Aave's aUSDC)

• Spectra Wrappers (e.g., sw-aUSDC)

PT - Principal Tokens

This section lists all standalone Principal Tokens held by the MetaVault that are not currently part of any active pool composition.

Principal Tokens typically appear here after a curator exits a pool in Balanced Mode before its maturity date — leaving PTs temporarily held in the vault until they either mature or are redeployed into new pools.

PTs in this section represent principal exposure that is temporarily idle but still accrues its underlying fixed yield until maturity.

YT - Yield Tokens

This section lists all standalone Yield Tokens held by the MetaVault. Yield Tokens represent the right to claim the ongoing yield of the interest-bearing token.

Curators can monitor these positions to decide when to claim, compound, or redirect yield back into LP positions as part of the vault’s compounding loop.

Claimable Yield

This section summarizes all currently claimable yield generated by the MetaVault’s active Yield Token positions.

Regular claiming and reinvestment of this yield is a key curator responsibility — ensuring uninterrupted yield continuity and optimal vault performance.

💡 How IBT Update Frequency Affects YT Accrual

Not all Yield Tokens accrue value at the same frequency. The rate at which a YT “prints” new yield depends on how often the interest-bearing token (IBT) issuer updates its vault exchange rate onchain.

Each time the IBT issuer (e.g., Aave, Euler, IPOR) updates its internal rate, the associated Spectra YT captures that change as realized yield - making it claimable by the curator.