## General Vault Function
**plvDOLO** is a fully automated in-house vault strategy. In many ways, it is much like **plvHEDGE**, but with two key differences:
* plvDOLO operates entirely within the [Dolomite](https://dolomite.io/) ecosystem. However, from user's perspective, all interaction is done through [Plutus](https://plutus.fi/) dApp.
* plvDOLO's positions are either slightly hedged or hedged, meaning both risks but also potential rewards are higher.
Much like its hedged counterpart, plvDOLO is fully automated. Users only need to enter the vault and the automation will take care of the rest. Similarly, plvDOLO is accessible, and synchronised in price, across multiple chains.
## Fees
There is a **12% performance fee on plvDOLO**. The fee is taken on realised profits. **All performance metrics on the plutus.fi -dApp** are based on net values, i.e. **after fees**. What you see is what you get.
## Minting & Redeeming
Minting & redeeming plvDOLO is done through the Plutus dApp.
The vault is accessible through multiple chains, thus reducing the need to juggle your tokens between chains to participate. As of July 2025, plvDOLO is slated to release at least on Arbitrum, Berachain, and Botanix with possible other chains to be added later on.
Initially, the contract is open between epochs. Meaning entry and exit from plvDOLO is open only during dates that are announced well ahead of time. This allows the vault to maximise its performance and auto-compound profits during the epochs.
After launch, plvDOLO will get a liquidity pool, similar to plvHEDGE, making entry and exit more flexible between vault open and close.
## Disclaimer
> plsASSETS & assets deposited into the Plutus vaults are not insured or guaranteed and may lose value. Yield and rewards shown are estimates and are not guaranteed. Returns depend on external protocols, market conditions, smartcontract performance, and other factors outside the control of Plutus.
>
> Using the Plutus vaults involves risk, including loss of principal, impermanent loss, smartcontract vulnerabilities, counter party risk, leverage exposure, oracle failures and market volatility. By interacting with the Plutus vaults, users acknowledge that they understand these risks and accept full responsibility for their decisions.
For full disclaimer, read through our [Risk Acknowledgement](/risk-acknowledgement.md) page.
## Audits
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## Contracts
**Arbitrum:** [0xf84eaA0685626f84fE17bc6C3c9eb2Ac8a90d3C1](https://arbiscan.io/address/0xf84eaa0685626f84fe17bc6c3c9eb2ac8a90d3c1)\
**Berachain:** [0x2eD0837D9f2fBB927011463FaD0736F86Ea6bF25](https://berascan.com/address/0x2ed0837d9f2fbb927011463fad0736f86ea6bf25)\
**Botanix:** [0x268DE148412c5f922429CBFB4da408Ea577C9285](https://botanixscan.io/address/0x268DE148412c5f922429CBFB4da408Ea577C9285)
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