# Creating a Shared Vault

A Shared Vault is a way to create a portfolio where others can join and you can charge fees (if you wish) to earn based on the size and performance of the Vault. In a Vault you can add any asset that is available through the app (altcoins, memecoins, DeFi Pools, Lending Assets, Staked Assets, etc).

To create a new Shared Vault, click “Create a Shared Vault” on the main screen.

<figure><img src="/files/IQ0yfnNxgtSfgoZPwIWH" alt=""><figcaption></figcaption></figure>

From there you will be taken through six steps for setting up and deploying the Vault.

1. Basic Info: Set the Vault Name, Ticker (what it will show up as in your wallet), Creator Name, and a description (to let others know the strategy you will be running)
2. Settings: Here you will set the Vault Visibility (public or private), Transfer Restriction (whether people can send the vault tokens to others or not), and Whitelisting (where you can decide who is able to join the vault)
3. Fees: Here is where you can earn on the Vault by setting Management (based on TVL of the Vault), Performance (based on the profits), and entry and exit (where you earn when someone deposits or withdrawals. Not all vaults have fees, so this is optional. If you don’t set fees a burner wallet will be in the Fee Wallet and nothing will be collected.
4. Token Set Up: This step is where you set the initial amount of tokens created and the minimum amount needed to deposit.
5. Asset Configuration: On this step, you will choose the assets you want in your Vault. These assets can be spot assets or DeFi Assets and set to any percentage you wish. This will just be the initial configuration and can be changed by swapping in your vault once you have made the initial deposit.
6. Review: Now everything is set up, you just have to review the Vault, press deploy (and confirm the transactions), and then make your initial deposit.

<figure><img src="/files/gorFfLeFoIfQLOrigHci" alt=""><figcaption></figcaption></figure>

After confirming the transactions, your Shared Vault will be deployed and you will be taken the Vault page (you can navigate to it from the “My Portfolio” tab as well), here you will be able to make the first deposit.

<figure><img src="/files/TBVgF5geIshk48DLlQos" alt=""><figcaption></figcaption></figure>

After the first deposit you'll be able to trade & execute DeFi actions right within the vault. On the right side of the vault page you can select a token/pool you want to sell/exit and a token/pool you want to buy/enter.

<figure><img src="/files/EEiOZcq7zb7Jfl0tpYFd" alt=""><figcaption></figcaption></figure>

The fees you set up for the vault can be claimed by pressing “Claim Fees” at the bottom of the vault page. You can also change the fees by pressing "edit", they will only be changed after a 30-day cooldown period to give the depositors time to exit the vault before the fees change.

<figure><img src="/files/iP9I4XHkWZVCYbmt9Hjj" alt=""><figcaption></figcaption></figure>


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