# Vault Tokens N-Tokens (NT) are ERC20 vault tokens that serve as deposit receipts, representing a user’s claim on i) Principal deposits (1:1) at maturity. ii) Distribution of coupon payments on the predefined coupon payment dates. iii) Distribution of options strategy profits, if any, at maturity. At maturity, a corresponding amount of user's NT are burned to only reflect the withdrawal of the principal deposit from the N-Vault. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.superhedge.com/superhedge-products/n-vaults/vault-tokens.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.