# Zero-Based BTC Vault Strategy **URL:** \ **Category:** Sovryn App\ **Created:** [July 13, 2022, 8:25pm UTC](https://forum.sovryn.com/t/zero-based-btc-vault-strategy/2661 "2022-07-13T20:25:18Z")\ **Posts on this page:** 5\ **Page:** 1
**Author:** ![Ingalandia](https://dub1.discourse-cdn.com/flex017/user_avatar/forum.sovryn.com/ingalandia/32/10_2.png) [@Ingalandia](https://forum.sovryn.com/u/Ingalandia)\ **Post date:** [July 13, 2022, 8:25pm UTC](https://forum.sovryn.com/t/zero-based-btc-vault-strategy/2661/1 "2022-07-13T20:25:18Z")
I wanted to see what you guys thought about an easy-to-use automated yield strategy with Bitcoin, using Zero. (See the diagram below.) Abstracting away the multiple steps involved, the user can have an easy-to-use place to start earning yield on their BTC. The user only has to worry about their collateralization ratio health (I suggest defaulting to a 200% or 300% collateralization ratio). **Benefits to Sovryn** - An added use-case for Zero - the current Sovryn userbase, who would not know what to do with a Zero-interest loan have an easy, 1-click way to use Zero, without needing to know how Zero works. - An additional way to lock DLLR/ZUSD into XUSD **Considerations** - How would this compare to other BTC-yield strategies in terms of ROI? - The vault strategy will take a .5% fee going in and out of it, as well as a swap fee from XUSD\<\>RBTC, so the user must be aware that it could take a while for them to be in the green. - How high of a priority should this be, and what is the interest level from the Sovryn userbase? - How best to communicate/display to users when their collateralization ratio is getting close to liquidation? Does that add strain to the UX? Could there be a way to automatically exit the strategy if the ratio went below e.g. 120%? - Could we automate this so that BTC can enter the strategy via FastBTC, with some RBTC gas left over to withdraw? ![Bitcoin Yield Vault](https://europe1.discourse-cdn.com/flex017/uploads/sovryn1/original/1X/6e6f1a934a0b0d5f1028d44fea06591f1a08f867.jpeg) ---
**Author:** ![Sacro](https://dub1.discourse-cdn.com/flex017/user_avatar/forum.sovryn.com/sacro/32/1052_2.png) [@Sacro](https://forum.sovryn.com/u/Sacro)\ **Post date:** [July 14, 2022, 5:09pm UTC](https://forum.sovryn.com/t/zero-based-btc-vault-strategy/2661/2 "2022-07-14T17:09:15Z")
I really enjoy how simple it is to use Zero already. Just very few clicks are needed to take a loan, add or remove collateral. I think this proposed feature would be consistent with the “easy of use” aspect so it makes sense to include it. I can definitely see different yield strategies having such an automated feature for Zero. However, i would not use it personally as Zero is already simple enough to use for me. I assume that the current sovryn users have a lot of knowledge and experience with such systems and would not be the appropriate target group. For new users, however, definitely interesting. ---
**Author:** ![MattBrad](https://avatars.discourse-cdn.com/v4/letter/m/f1d935/32.png) [@MattBrad](https://forum.sovryn.com/u/MattBrad)\ **Post date:** [July 14, 2022, 6:21pm UTC](https://forum.sovryn.com/t/zero-based-btc-vault-strategy/2661/3 "2022-07-14T18:21:50Z")
I am skeptical of DLLR for the Mynt protocol. Since ZUSD is now in XUSD aggregator which is governed by the BabelFish Community. I really dont think it makes much sense to also have a ZUSD in DLLR aggregator. We have loads of populuar stablecoins and adding DLLR creates more complexity/friction. Who would govern the ZUSD stablecoin, the SOV stakers, Fish Stakers or Mynt Stakers (This could create division and infighting). I think ZUSD is already a super stablecoin with the greatest transparency. No need to reinvent the wheel when its clearly working really well. My point is I think BTC vault strategy is a good idea with ZUSD alone or XUSD. Lets keep things simple. Trying to explain that ZUSD is managed by SOV governance, Mynt governance and Fish governance to a new user will not be fun for CM/Support team. ---
**Author:** ![light](https://dub1.discourse-cdn.com/flex017/user_avatar/forum.sovryn.com/light/32/11_2.png) [@light](https://forum.sovryn.com/u/light)\ **Post date:** [August 4, 2022, 3:20pm UTC](https://forum.sovryn.com/t/zero-based-btc-vault-strategy/2661/5 "2022-08-04T15:20:56Z")
> [@MattBrad](#): > > Trying to explain that ZUSD is managed by SOV governance, Mynt governance and Fish governance to a new user will not be fun for CM/Support team. ZUSD is only governed by SOV. As specified in the Mynt SIP, Sovryn Mynt is also governed by SOV. ---
**Author:** ![Sitizen](https://dub1.discourse-cdn.com/flex017/user_avatar/forum.sovryn.com/sitizen/32/403_2.png) [@Sitizen](https://forum.sovryn.com/u/Sitizen)\ **Post date:** [August 5, 2022, 1:23pm UTC](https://forum.sovryn.com/t/zero-based-btc-vault-strategy/2661/6 "2022-08-05T13:23:54Z")
What about $MYNT ? What is the purpose of the token if $SOV is governing it?