Vault vs $sUSN
Noon gives you two ways to earn regular returns. Which one fits depends on what you want to hold.
$sUSN
$sUSN is the simple option. You can buy $USN and stake it, or you buy $sUSN directly and hold it. Your balance stays in dollars and the yield accrues in the redemption rate. Nothing to manage.
This is the right choice if you want stable, dollar denominated exposure and a straightforward path in and out.
Vaults
Vaults are for people who want more. There are two kinds.
Stablecoin vaults take dollar deposits and run strategies that target higher yields than staking alone. Same dollar exposure, more yield.
Asset vaults let you keep exposure to the asset you already own. Deposit $BTC into a $BTC vault and you keep your $BTC exposure while it earns. You do not have to sell anything to start earning.
Choosing
Hold $sUSN if you want dollars and simplicity.
Use a stablecoin vault if you want dollars and are looking for higher yields.
Use an asset vault if you want to keep exposure to an asset you already hold (e.g. $BTC), and earn returns on top of it
You can use both. Many holders keep a core $sUSN position and put the rest to work in vaults.
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