# Claiming Rewards

When a user deposits in either the Caramel or Saltish vaults, they will receive a receipt in the form of an ERC-1155 token. The depositor's position will be denominated by this token, as will their return pattern. 

Claiming Vault Proceeds: 

When the epoch ends or the vault depegs, the vault will close and depositors will be able to collect their BNB rewards. Depositors will be required to burn their Vault tokens in order to get the earnings. 

Claiming SugarYield Prizes: 

Depositors must stake their Vault tokens in the right staking vault to be eligible for farming rewards. SugarYield tokens are locked and non-transferable during the IFO period; however, following the IFO period, SugarYield awards will be released by the block and can be claimed at any time.

## Claim Flow:

Once users mints a SugarYield vault token their tokens will be visible in the claim tab. During the epoch the status under the token will denote “ongoing”. 

### Caramel Vault deposits

**Depeg**

Deposits in the Caramel (Hedge) vault will be marked as "liquidated," and users will be able to "burn" their tokens. 

Depeg Depositors will be able to retrieve their BNB incentives as soon as the vault shuts and the epoch finishes. 

**No Depeg**

In this instance, the token's status will be "win," and users will be able to "claim" the token.

### Saltish Vault Deposits 

**Depeg**

Depositors in the saltish vault will see “collateral liquidated” under their SugarYield vault tokens, but will still have the option to “claim premium”.

**No Depeg**

In this case the status of the token will denote “win” and saltish vault depositors will have the option to “claim”.


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