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

# plvDOLO

<div align="left"><figure><img src="/files/9n6xnyGw6vh3h7yrA9W0" alt="" width="150"><figcaption></figcaption></figure></div>

<mark style="color:$warning;">plvDOLO is being discontinued and plvDOLO vaults across all chains have entered the state of withdraw only.</mark>

## 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. plvDOLO is available on Arbitrum, Berachain and Ethereum Mainnet.

Initially, the contract was open between epochs. Meaning entry and exit from plvDOLO was open only during dates that are announced well ahead of time. This allowed the vault to maximise its performance and auto-compound profits during the epochs. Now, however plvDOLO has a liquidity pool, making entry and exit more flexible. Exchanging directly with the contract is still open only between epochs.

## 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

{% embed url="<https://omniscia.io/reports/plutus-dao-hedge-vault-674de8fb6dc0450018dd65ec/>" %}

{% embed url="<https://www.cyberscope.io/audits/1-plutus?assessmentIndex=1>" %}

## Contracts

**Arbitrum:** [0xf84eaA0685626f84fE17bc6C3c9eb2Ac8a90d3C1](https://arbiscan.io/address/0xf84eaa0685626f84fe17bc6c3c9eb2ac8a90d3c1)\
**Berachain:** [0x2eD0837D9f2fBB927011463FaD0736F86Ea6bF25](https://berascan.com/address/0x2ed0837d9f2fbb927011463fad0736f86ea6bf25)\
**Ethereum Mainnet:** [0x734DceD3f83b10Cf00b380381FFAb8ffB0606d9D](https://etherscan.io/address/0x734dced3f83b10cf00b380381ffab8ffb0606d9d)