# Token Flow

<figure><img src="https://1838495634-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FuQqfnSZUSHvj0FdEt8I8%2Fuploads%2FJxZBoHaDyFyXr12RTQN1%2ForiBGT%20Booping%20Vault%20A%20Token%20Flow.png?alt=media&#x26;token=865e1e34-7d47-417f-b9e0-f3d87dc3e1e2" alt=""><figcaption><p>Fig 30. Displaying the user flow for earning levered iBGT yield and Infrared Points with the oriBGT Booping Vault A.</p></figcaption></figure>

1. Users deposit iBGT into the oriBGT Booping Vault A for shares
2. Users burn their shares of oriBGT Booping Vault A for oriBGT when exiting
3. oriBGT Booping Vault A deploys to Infrared by holding oriBGT reserves
4. oriBGT Booping Vault A borrows wBERA to swap into oriBGT for 2x variable effective exposure
5. oriBGT Booping Vault A shares are worth more oriBGT as yield is earned
6. oriBGT Booping Vault A captures variable 1x unlevered yield and 1 spread on yield after leverage
7. Rebalancing down triggers the oriBGT Booping Vault A to borrow more wBERA using flashloans
8. Rebalancing up flashloans to sell oriBGT into wBERA to pay down debt owed to the Euler position