> For the complete documentation index, see [llms.txt](https://docs.origami.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.origami.finance/the-second-fold-v2/deprecated-vaults/lovusual-collection/usd0++-10x/token-flow.md).

# Token Flow

<figure><img src="https://1838495634-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FuQqfnSZUSHvj0FdEt8I8%2Fuploads%2F0ioJgJRzhwNXJr0amW6Y%2FUSD0%2B%2B%20Token%20Flow.png?alt=media&amp;token=5e5620fc-57e4-428e-8075-2f00add81024" alt=""><figcaption><p>Fig 27. Displaying the user flow for earning yield and Ori Points with the USD0++ 10x vault.</p></figcaption></figure>

1. Users deposit USD0++ into the USD0++ 10x vault for shares
2. Users burn their shares of USD0++ 10x for USD0++ when exiting
3. USD0++ 10x deploys to Usual Protocol by holding USD0++ reserves
4. USD0++ 10x vault borrows wrapped USDC to swap into USD0++ for 10x Effective Exposure
5. USD0++ 10x vault supplies USD0++ to the [Morpho LP (86% LLTV Pool)](https://risk.morpho.org/market?id=0xb48bb53f0f2690c71e8813f2dc7ed6fca9ac4b0ace3faa37b4a8e5ece38fa1a2\&network=ethereum)
6. USD0++ 10x vault farms
   1. Usual yield at 8x
   2. Ori Points at 10x&#x20;
7. Rebalancing down triggers the USD0++ 10x vault to borrow more USDC using flashloans
8. Rebalancing up sells USD0++ into USDCto pay down debt owed to the Morpho pool