Vaults represent the different strategies a subDAO can deploy to generate revenue. The profits that vaults make flow back to the different stakeholders in the ecosystem. Since each subDAO is aimed at a different game with a diverse set of mechanics, each subDAO has different vaults.
Within the current Merit Circle operations, there is one fully developed and functioning subDAO aimed at Axie Infinity. In this article, we explain more about the different vaults that collaboratively make up the Axie Infinity subDAO.
In the visual beneath, an example of the operating flows of one vault is displayed, known as the 'Scholarship' model.
Flows of funds in the scholarship model
We're actively setting up and installing multiple vaults per subDAO. With each new game, a new subDAO will emerge with vaults (strategies) specific to this game.