VAULTS
Vaults are onchain funds you invest in by backing a trader instead of picking stocks yourself. Each vault is run by a lead trader who buys and sells tokenized equities with real skin in the game.
Their own capital sits in the vault alongside yours. They only earn when you do, through a share of the profits above your entry point. Deposit in stablecoins, receive a claim on the pool.
Each vault is an NFT called a seat. Whoever holds the seat is the vault's lead trader. The NFT isn't just a picture, it's the account itself: it holds the pooled money, tracks who owns what, and runs the trades. Own the seat, run the vault.
You deposit stablecoins and get a share of the pool that rises and falls with the vault's performance. The lead trader buys and sells tokenized stocks inside it. When the vault makes money above the point you came in at, the gain is yours — less a performance fee on that profit, most of it to the trader and a smaller cut to the protocol. No profit, no fee.
After a short minimum holding period you can withdraw: cash settles at the next market open, or take your slice of the actual holdings straight away.
The trader has their own money in the same pool, so they only win when you win. And because the seat is an NFT, the trader can eventually sell it — they're selling the business they built, the track record and the depositors that came with it.
When you deposit, you stay put by default. You get an exit window whenever the seat changes hands.