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+# FlowYieldVaults v1 — Supported Features
+
+> **Status:** Draft — items marked ⚠️ require confirmation before finalization.
+
+---
+
+## 1. Strategies Supported
+
+### TracerStrategy
+The flagship v1 strategy. Deposits FLOW as collateral into a FlowALP lending position, borrows MOET against it, and swaps into a yield-bearing token for ongoing yield.
+
+- **Collateral**: FLOW
+- **Borrow token**: MOET (via FlowALP)
+- **Yield token**: YieldToken (e.g. tauUSDF or mUSDC, depending on configuration)
+- **Integrated protocols**: FlowALP v1, Uniswap V3 (EVM), ERC4626 vaults
+
+### mUSDCStrategy
+ERC4626 vault integration strategy. Swaps into mUSDC and deposits into a Morpho-compatible vault.
+
+- **Collateral**: FLOW
+- **Yield source**: mUSDC (ERC4626 vault)
+- **Integrated protocols**: Uniswap V3, ERC4626
+
+### mUSDFStrategy *(v1.1)*
+Advanced strategy targeting USDF yield via Morpho Finance.
+
+- **Collateral**: FLOW
+- **Yield source**: mUSDDF (Morpho Finance)
+- **Integrated protocols**: Uniswap V3, Morpho Finance, ERC4626
+
+### Simple ERC4626 Strategies *(PMStrategiesV1)*
+
+| Strategy | Yield Source |
+|----------|-------------|
+| `syWFLOWvStrategy` | Swap-based Yield FLOW |
+| `tauUSDFvStrategy` | Tau Labs USDF vault |
+| `FUSDEVStrategy` | Flow USD Expeditionary Vault |
+
+---
+
+## 2. Supported Input (Deposit) Token
+
+| Token | Notes |
+|-------|-------|
+| **FLOW** | Only supported deposit token in v1 |
+
+> ⚠️ Multi-collateral support (WETH, WBTC, etc.) is not in v1 scope — confirm if any bridged assets are accepted directly.
+
+---
+
+## 3. Output / Receipt Token
+
+- **YieldToken** (`@YieldToken.Vault`) — issued to users representing their share of the yield-bearing position.
+- Each YieldVault also tracks a **position ID** (UInt64) tied to the underlying FlowALP position.
+
+---
+
+## 4. Rebalancing
+
+| Parameter | Value |
+|-----------|-------|
+| Rebalancing frequency | **10 minutes** (600 seconds) |
+| Scheduling mechanism | Flow native `FlowTransactionScheduler` (FLIP 330) |
+| Lower rebalance threshold | **0.95** (5% below target triggers recollateralization) |
+| Upper rebalance threshold | **1.05** (5% above target triggers rebalancing) |
+| Force rebalance option | Available (bypasses threshold checks) |
+| Fee margin multiplier | 1.2× (20% buffer on estimated scheduling fees) |
+| Supervisor recovery batch | Up to 50 stuck vaults per recovery run |
+
+The AutoBalancer self-schedules each subsequent execution at creation and after each run. A Supervisor contract handles recovery for vaults that fall out of the schedule.
+
+---
+
+## 5. Health Factors (FlowALP Position)
+
+| Parameter | Value |
+|-----------|-------|
+| Target health | 1.30 |
+| Minimum health (liquidation threshold) | 1.10 |
+| Liquidation target health factor | 1.05 |
+
+---
+
+## 6. Position & Deposit Limits
+
+| Parameter | Value | Notes |
+|-----------|-------|-------|
+| Minimum deposit | ⚠️ ??? | No contract-enforced minimum found |
+| Maximum deposit capacity | 1,000,000 FLOW (default) | Governance-configurable cap |
+| Deposit rate limit | 1,000,000 FLOW (default) | Per-block rate limiting via FlowALP |
+
+---
+
+## 7. Fees
+
+| Fee Type | Value | Notes |
+|----------|-------|-------|
+| Scheduling / rebalancing fee | Paid in FLOW from AutoBalancer fee source | Min fallback: governance-set |
+| Protocol / interest fee | Dynamic (utilization-based via FlowALP) | |
+| Insurance reserve | 0.1% of credit balance | Taken before distributing credit interest |
+| Management / performance fee | ⚠️ ??? | Confirm if any protocol-level fee applies |
+| Withdrawal fee | ⚠️ ??? | Not observed in contracts — confirm |
+
+---
+
+## 8. Access Control (Closed Beta)
+
+| Feature | Details |
+|---------|---------|
+| YieldVault creation | Requires a `BetaBadge` capability |
+| Badge grant / revoke | Admin-only via `FlowYieldVaultsClosedBeta` contract |
+| Rebalancing | Any account can trigger; Supervisor handles recovery |
+| Governance params | Admin / Configure entitlements only |
+
+---
+
+## 9. Contracts & Mainnet Addresses
+
+All core contracts are deployed to **`0xb1d63873c3cc9f79`**.
+
+| Contract | Address |
+|----------|---------|
+| `FlowYieldVaults` | `0xb1d63873c3cc9f79` |
+| `FlowYieldVaultsStrategies` | `0xb1d63873c3cc9f79` |
+| `FlowYieldVaultsAutoBalancers` | `0xb1d63873c3cc9f79` |
+| `FlowYieldVaultsClosedBeta` | `0xb1d63873c3cc9f79` |
+| `FlowYieldVaultsSchedulerV1` | `0xb1d63873c3cc9f79` |
+| `FlowYieldVaultsSchedulerRegistry` | `0xb1d63873c3cc9f79` |
+| FlowALP (lending) | `0x6b00ff876c299c61` |
+| DeFiActions platform | `0x6d888f175c158410` |
+| EVM Bridge | `0x1e4aa0b87d10b141` |
+
+### Key EVM Asset Addresses (Mainnet)
+
+| Token | EVM Address |
+|-------|-------------|
+| USDC | `0xF1815bd50389c46847f0Bda824eC8da914045D14` |
+| wETH | `0x2F6F07CDcf3588944Bf4C42aC74ff24bF56e7590` |
+| cbBTC | `0xA0197b2044D28b08Be34d98b23c9312158Ea9A18` |
+| tauUSDF (ERC4626) | `0xc52E820d2D6207D18667a97e2c6Ac22eB26E803c` |
+
+---
+
+## 10. Open Items
+
+| # | Item | Owner |
+|---|------|-------|
+| 1 | Minimum deposit value (is there a floor?) | |
+| 2 | Management / performance fee — does one exist? | |
+| 3 | Withdrawal fee — confirm none | |
+| 4 | Are any bridged assets (WETH, WBTC) accepted as direct deposits in v1? | |
+| 5 | Confirm deposit capacity cap of 1,000,000 FLOW for v1 launch | |
+| 6 | mUSDFStrategy and simple ERC4626 strategies — in v1 or later? | |