🔓GVault
GVault is a non-custodial on-chain vault strategy built on Enzyme — earn DeFi yield without giving up control of your assets.
GVault is Gemach's on-chain vault product, built on the Enzyme Finance protocol. It provides passive yield by deploying capital into DeFi liquidity strategies — while keeping assets fully self-custodial and redeemable at any time.
Overview
GVault (ticker: GMACL) operates as an Enzyme vault that systematically provides liquidity to DeFi protocols and earns yield from protocol fees and rewards. There is no staking lockup — you can deposit or withdraw at any time.
Vault address:
0x740cbfefb9ca9c1c99d95b711e959dd960f8bdb6Access the vault: gmacl.enzyme.community/vault/0x740cbfefb9ca9c1c99d95b711e959dd960f8bdb6
Key Properties
Custody
100% non-custodial — you hold your vault tokens
Staking
Not required — deposit and earn passively
Token standard
ERC-20 (GMACL) — storable in any Ethereum wallet
Redemption
24/7 on-chain via DEX or direct vault redemption
Underlying platform
Enzyme Finance (audited)
Protocol fee
20% of gains retained by Gemach DAO to fund operations
How It Works
Deposit — Connect your Ethereum wallet to the Enzyme portal and deposit ETH, wBTC, USDC, or other approved assets. You receive GMACL vault tokens representing your share.
Strategy execution — The vault deploys capital into DeFi liquidity positions. Strategies are routinely updated based on market conditions and yield opportunities.
Earn yield — Yield accrues in the vault's NAV (net asset value). Your GMACL tokens increase in underlying value as the vault earns.
Redeem — Swap GMACL back to underlying assets at any time via DEX or the Enzyme redemption interface.
Getting Started
1. Connect Your Wallet
Navigate to the GMACL vault page and connect a compatible Ethereum wallet (MetaMask, WalletConnect, etc.).
2. Approve Assets
Approve the asset(s) you want to deposit — ETH, wBTC, or USDC are commonly accepted.
3. Deposit
Enter the amount to deposit and confirm the transaction. GMACL tokens will appear in your wallet once the transaction confirms.
4. Monitor Performance
Track vault NAV and performance history directly on the Enzyme portal. Strategies are periodically rebalanced — you do not need to take action.
Risks and Disclaimers
⚠️ Warning: DeFi yield products carry risk. Smart contract vulnerabilities, liquidity crunches, impermanent loss, and market drawdowns can all reduce the value of your deposit. Gemach performs due diligence on underlying protocols but cannot guarantee returns.
Smart contract risk: Enzyme is audited (see audits) but no audit eliminates all risk
Strategy risk: Yield strategies may underperform or generate losses in adverse market conditions
Market risk: The value of deposited assets can decline independently of vault performance
Resources
Live vault on Enzyme
Underlying vault infrastructure
Security audit reports
Gemach's tokenized index fund product
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