Back the trader. Keep the rules.
Pick one trader. Deposit stablecoins. The code holds their limits and stops the vault if they breach them.
- Of profit to you
- 0% Above the high-water mark
- Fee on recovered losses
- 0% Never charged twice
- Traders per vault
- 0 Your exposure is exactly one strategy
- Principal protection
- None Losses are yours by share
Illustrative parameters. Final values are set by governance before mainnet and can change afterwards through governance.
Four steps.
- 01
Pick a trader
Return, historical drawdown and the Risk Mandate they set — side by side on the Vaults page.
- 02
Deposit
Stablecoins into their vault. You get shares. Price moves with their results.
- 03
Earn on new highs
Fees only above the previous peak. Recovered losses are never charged.
- 04
Redeem
Request, settle at final NAV, withdraw. No front-running.
Not a policy. A contract.
These are contract behaviours, applied to every vault identically.
- 01
No withdrawal rights
The trader can only trade it.
- 02
Checked against the mandate
Each order is tested against the trader's own position, active-capital and high-risk limits.
- 03
Auto-stop
Breach the ceiling → vault halts, unwinds, you redeem.
Paid only on new highs.
Profit above the previous peak is split three ways. No management fee in the base setup.
- 1Start
- 2New high → fee on +20
- 3Drawdown → no fee
- 4Recovery → still no fee
- 5New high → fee on +10 only
Illustrative parameters. Final values are set by governance before mainnet and can change afterwards through governance.
Allocate without it. Lock it for better terms.
No PROOF is needed to back any trader at standard fees. Locking PROOF raises your LP tier: lower protocol fees and the first window when a popular trader's capacity is limited.
How much PROOF would you lock?
Locking is not implemented. This only shows how the tier system reads a balance. No PROOF is required to allocate as Basic.
- Locked
- 100,000 PROOF
- Fee discount
- 20%
- Allocation priority
- Level 2
- Priority window
- First access
Tier benefits change protocol fees and allocation timing. They do not change trader performance, Trader Score or your investment risk.
- 01no PROOF needed
Basic
- PROOF locked
- 0
- Fee discount
- Standard fees
- Allocation access
- Standard
- 02
Silver
- PROOF locked
- 25,000
- Fee discount
- 10%
- Allocation access
- Priority window · +6h
- 03
Gold
- PROOF locked
- 100,000
- Fee discount
- 20%
- Allocation access
- Priority window · first
- 04
PROOF
- PROOF locked
- 250,000
- Fee discount
- 30%
- Allocation access
- Priority window · first
Planned model. PROOF is a utility, commitment and access token. It is not trading capital, it does not buy Trader Score, and buyback & burn does not guarantee any market price. No inflationary staking rewards exist or are planned.
What can go wrong.
- 01
You can lose money
Losses inside the rules are yours, by share. Up to the ceiling.
- 02
A ceiling is a ceiling
−10% max drawdown means you can lose 10%. Not less.
- 03
Unwind slippage
Forced liquidation in thin markets can be worse than the last price.
- 04
Contracts not yet audited
Audits reduce risk. They do not remove it.
Every trader is a public record.
Score, drawdown, trades, capital — visible to anyone, editable by no one. Investors pick from the wall.