One six-month deposit
Six months of savings locked at once
0 maturities in 12 months
- Longest wait for cash
- 6 months
- Breaking early costs
- All accrued interest
The savings ladder every Korean knows, on-chain.
Vane brings 풍차돌리기, spinning the windmill, to stablecoins. Open one six-month deposit a month; once the wheel is full, one matures every month. No KYC, non-custodial.
01The problem
Fixed terms usually earn more than money you can withdraw at any time, but the cash is out of reach until the term ends, and breaking early typically costs the interest. 풍차돌리기 splits the same savings into monthly deposits: once the ladder is built, one of them matures every month.
Six months of savings locked at once
0 maturities in 12 months
One six-month blade opened each month
0 maturities in 12 months
once the wheel is full
Filled bars are locked deposits; faded bars are their renewals. Dots mark the months when cash becomes available.
02How it works
One blade a month. Then the wheel turns.
02How it works
Month 1
Open a blade
Deposit stablecoins into a blade. It is locked for six months and starts accruing interest.
Months 2 to 6
Add one blade a month
Each month adds a blade to the wheel. Every blade fills as it ages toward its maturity.
Month 7
The first blade matures
The oldest blade lifts off with its principal and interest. Withdraw it, or roll it into a new blade.
Month 8 onward
One maturity, every month
The wheel keeps turning. A blade comes due every month, so cash is never more than a month away.
Month 1 · 1 of 4
Open a blade
Deposit stablecoins into a blade. It is locked for six months and starts accruing interest.
Month
01
03Early break
Any blade can be broken before maturity. Its principal comes back in full; only the interest it has accrued is given up, and it goes to the depositors who stay.
Principal
Returned in full to the owner of the blade.
Accrued interest
Forfeited by the broken blade.
Blades held to maturity
Share the forfeited interest, pro rata to their principal, paid when each one matures.
Here the five blades stand in for every blade held to maturity across the protocol.
04Simulator
Scrub through two years of a wheel built from $500 a month at an illustrative 5%. The full simulator lets you change every input and break blades.
Month 9
Simulation: nothing is deployed, no funds move
Total locked
$4,537.50
6 of 6 blades
Next maturity
1 Jul 2027
Blade M4 · $512.50 incl. interest
Interest earned to date
$37.50
At an illustrative 5%, not a promised rate
05$VANE
There is no contract address yet. When there is, it will be announced on @VaneGiwa, the only official source. Any token presented as $VANE before that announcement is not ours.
Boost
Staking $VANE increases a depositor's share of the forfeited interest redistributed from broken blades. It never touches anyone's principal.
Value capture
A protocol fee taken on interest only, never on principal, funds buy-and-burn of $VANE. The fee level is announced at launch.
Governance
Holders vote on protocol parameters: the term length, the fee level and the list of supported stablecoins.
풍차돌리기, spinning the windmill, is a Korean savings habit: open a new fixed-term deposit every month so that, once the first one matures, one matures every month. Vane runs the same ladder with six-month blades and stablecoins.
Launching on GIWA mainnet day
Contract addresses, the yield source and $VANE details will be announced on X first.