PROTOCOL_NOTES

Documentation for eth_defi.vault.flag.PROTOCOL_NOTES data.

PROTOCOL_NOTES: dict[str, str] = {'GMX': 'The vault performance approximates the single-sided USDC deposit value. GMX vaults hold exposure to all underlying tokens they market make', 'YieldBasis': "A [YieldBasis](https://yieldbasis.com/earn) yb-LP is a leveraged BTC or ETH liquidity-provider position. Its value rises and falls with the underlying asset.\n\nyb-LP yield comes primarily from [trading fees earned by the underlying Curve pool and YieldBasis LEVAMM](https://docs.yieldbasis.com/user/protocol/fee-mechanics), after protocol fee allocations and rebalancing costs.\n\nPerformance is shown in USD using the marginal amount returned by `preview_withdraw`, so the [Temporary Redemption Discount (TRD)](https://docs.yieldbasis.com/user/protocol/fundamental-value-redemption-value-and-trd) is part of the historical equity curve. [New shares mint at fundamental PPS, while exits use redemption value](https://docs.yieldbasis.com/dev/integration/deposit-withdraw); negative TRD therefore affects an immediate exit, not entry.\n\nThe entry and exit fee fields each model a 0.10% conversion between a generic USD stablecoin and the pool's BTC or ETH token. These endpoint costs sit outside the historical equity curve and exclude price impact, gas and MEV.\n"}

Protocol-wide descriptive notes that do not flag products as problematic.