Sisters, good afternoon! I saw @protocol_fx recently introduced fxLOOP—deposit USDC and earn fxSAVE yields? At first glance, it seemed similar to just staking stablecoins. But after looking into Lagoon’s documentation, I realized there’s an extra layer: a vault. You deposit USDC, but receive fxLOOP shares instead. Underneath, 9Summits manages a strategy that uses Morpho to borrow and create leveraged cycles around assets like fxSAVE and PT-fxSAVE. So holding fxLOOP shares is quite different from directly holding fxSAVE. Especially when it comes to withdrawing. Lagoon vaults typically involve application, settlement, and claiming steps—but fxLOOP has its own specific rules for how withdrawals work, how long they take, and what fees apply. Just because the underlying asset is fxSAVE doesn’t mean the exit process is the same. Now, when I evaluate a vault like this, I always ask: What do I actually receive after depositing? Who manages the leverage? And how do I exit? Once you hand your funds over to a strategy, you save yourself the hassle of manual management—but you also take on the responsibility of understanding its rules.