> ## Documentation Index
> Fetch the complete documentation index at: https://kamino.com/docs/llms.txt
> Use this file to discover all available pages before exploring further.
# How to Earn and Track Yield
> Track your Earn Vault position and understand how your yield accrues and changes.
Earn Vault yield compounds automatically into the value of your shares. You do not claim or reinvest it, you just track it from the vault page.
## How yield accrues
Earn Vault yield comes from interest paid by borrowers across the reserves the vault is allocated to. As interest flows in, the value of each vault share increases, so your yield is auto-compounded: there is nothing to claim or reinvest.
Your share count stays the same after you deposit. What changes is the redemption value of each share.
## Track your position
Open the **My Position** panel on the vault page to monitor:
* **Supplied amount**: the current value of your deposit
* **Interest earned**: how much yield has accrued since you deposited
* **Supply APY**: the current annualized yield rate
## Why your APY changes
Vault APY is a weighted blend of the supply rates on the reserves the vault is allocated to, and those rates are variable. Your yield can rise or fall over time without any action from you, driven by:
* **Borrow demand**: more borrowing raises utilization and supply rates, less borrowing lowers them.
* **Reserve utilization**: each reserve's utilization curve sets how fast rates scale. Higher utilization means higher rates.
* **Allocation changes**: when the curator adjusts allocations, the vault's blended rate shifts to the new reserve mix.
The APY shown on the vault page is a trailing figure based on recent performance, not a guarantee of future returns.
Redeem your shares and withdraw your tokens.
What to keep in mind about allocation, yield, and liquidity.