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What is Worldcoin Vault?

Overview

Worldcoin Vault allows you to earn rewards on your WLD. If Worldcoin Vault is available in your country, you can access it from the Wallet tab.

 

1. Just tap on the Worldcoin card.

Wallet Vault_WorldApp.png

 

2. You’ll find the Vault option there.

Worldcoin_Vault.png

 

The Worldcoin Vault stores your WLD separately from the Spending account, which you can use for everyday actions like sending, receiving, or swapping.


 

Depositing WLD into the Vault

Currently, there are two ways to deposit WLD into the Worldcoin Vault:

Transferring WLD from your Spending Account

1. Just open the Vault, and tap the Transfer in button to begin.

 Wallet Vault_WorldApp2.jpeg

 

2. Use the slider to select the amount you want to transfer and tap Continue.

Wallet Vault_WorldApp1.jpeg


3. Tap Confirm deposit.

 

Claiming WLD Airdrops directly into the Vault (where available).

Disclaimer: The Airdrop Program is only available to World ID users who meet the eligibility requirements set forth in our Terms.

When claiming your monthly WLD Airdrop, the default option will be to claim into your Worldcoin Vault. You can change it to claim into your Spending account if you wish to do so before continuing.


Earning Rewards in Worldcoin Vault

The World Foundation deploys decentralized smart contracts that deliver rewards on the WLD in your Vault. The smart contracts may have certain requirements, such as a maximum amount of WLD that may earn rewards, as well as the maximum rate at which you can earn rewards. 

As seen in this example, if the maximum amount is 500 WLD, any WLD amount over 500 WLD in your Vault will not earn rewards:

File (69).jpg

These requirements will be stipulated on the Worldcoin Vault display within World App, as will the current rewards rate when you deposit WLD.

Note: The World Foundation may cancel this rewards program or change the rewards rate at any time.

Rewards are accrued continuously and distributed daily. These rewards will only be received by you when you withdraw your WLD out of your Vault. 


 

Withdrawing WLD from the Vault

You are able to withdraw your WLD from Vault into Spending whenever you’d like.

1. Just open the Vault and tap the Transfer out button to begin.

Vault_WorldApp.jpeg

 

2. Choose the amount you want to withdraw.

3. Tap on Confirm withdrawal.

4. Once you request a withdrawal, your tokens are immediately unlocked and moved to your Spending account. You’ll see the following message:

 


Translations may differ slightly from the original English content. For the most accurate information, please refer to the article's English version if any discrepancies occur.

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