> For the complete documentation index, see [llms.txt](https://docs.pepitapp.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.pepitapp.com/intro.md).

# Intro

The evil Pepe Cartel are running rampage around the world stealing all of the precious Pepitas, and the only way to protec your Pepitas is to lock them in special vaults. Each vault offers a different level of protection from the Cartel, and some offer variable rewards for using them, so it is up to you which vault you think is best for you. 

But ALWAYS remember: if you do not use any vaults, your precious pepitas will gradually debase from your wallet.

## What consequences does the debase have?

Debase affects all PEPITAS in circulation, including the PEPITAS that are in each Liquidity Pool (LP), so if no one is buying or selling any PEPITAS, the *number* of PEPITAS in LP will decrease at the debase rate, and the hence the *value* of the PEPITAS will increase.

## How do we protec our PEPITAS?

You can protec your PEPITAS by locking them in one of the vaults: Full, Big, or Smol.

The Full vault fully protects your PEPITAS from any debase, but requires a 7 day locking period. The Big and Smol vaults do not protect your PEPITAS from debase, but you will receive PEPITAS as a reward for using them, which can outweigh the debase rate, and they also have a shorter locking period of 1 day.

You can put more PEPITAS into a vault before the locking period ends, but this will reset the locking timer to it's original vaulue.

If you are using a vault that gives you PEPITAS rewards, you can claim or compound these rewards before the end of the locking period, but this will also reset the locking timer.

Once you reach the end of the locking period for a vault, you can withdraw your PEPITAS whenever you like. You do not need to re-lock the PEPITAS at the end of the locking period to keep them in the vault - they will remain in the vault until withdrawn.

The table below shows a comparison of each vault:

<table><thead><tr><th>Vault Name</th><th>Locking Period</th><th width="166">% of Rewards</th><th>PEPITAS will debase</th></tr></thead><tbody><tr><td>Full</td><td>7 day</td><td>None</td><td>False</td></tr><tr><td>Big</td><td>1 day</td><td>90%</td><td>True</td></tr><tr><td>Smol</td><td>1 day</td><td>10%</td><td>True</td></tr></tbody></table>

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