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Vaults Pallet

The Vaults pallet manages decentralized custody through collateralized UNITCOIN locking, tranche-based deposit routing, and risk scoring.

Vault Lifecycle​

  1. Add address — Register a receiving address for a specific crypto
  2. Lock UNITCOIN — Creates vault and activates it
  3. Receive deposits — System routes deposits to your vault
  4. Unlock — Burn equivalent underlying assets to release UNITCOIN

Tranche System​

Locked UNITCOIN ValueEligible Deposit Range
$100 – $1,000$0 – $100
$1,000 – $10,000$100 – $1,000
$10,000 – $100,000$1,000 – $10,000
$100,000+$10,000+

Vault Selection Algorithm​

When a deposit arrives, the system:

  1. Identifies the appropriate tranche based on deposit size
  2. Selects the vault with the lowest risk score (locked value ÷ total received)
  3. Routes the deposit to that vault

This ensures fair, risk-balanced distribution across all vaults.

Key Properties​

  • Vault owners earn 0.5% of withdrawal amounts they process
  • Cannot receive more (in value) than locked UNITCOIN
  • Multiple vaults per user allowed
  • Top-ups allowed at any time

→ See: Vaults Guide · Deposits