> 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-third-fold-opal/rewards.md).

# Rewards

Yield from OPAL V3 vaults is reflected in the vault share price. As the portfolio generates positive yield spread (PT discount minus borrow cost), the net asset value per share increases. There is no separate reward claim process.

Users can monitor their position value at any time through the Origami dApp or by querying the vault's share price on-chain.

For vaults that participate in external reward programmes (e.g., Pendle points, lending protocol incentives), details will be documented on the vault-specific pages as applicable.