Future
THE VAULT
Personal vaults stay the default. THE VAULT is the later, optional layer: one shared pool of capital, allocated across many DEX books, with the same width policy and the same sit-out rule.
The problem personal vaults do not solve
A single-pool vault is easy to reason about and easy to kill. It is also concentrated. Emissions on one pair can dilute; a quiet book can sit out for days while another pool on the same chain is paying. Moving by hand between them is the job THE VAULT is designed to take.
Design
- One vault, many sleeves. Deposits mint a share of THE VAULT. The operator posts sleeves into the same allow-listed aggregators and DEX LP contracts. There is still no path to anywhere else.
- Same objective. Each sleeve has its own w*(σ_eff, η). Sleeves with max Π ≤ 0 get zero weight. Capital is not forced into a pool because the APR column is large.
- Minimise dilution. Emissions that would accrue to a thin, crowded gauge are not chased. The allocator prefers books where incremental TVL does not crush η below the sit-out frontier.
- Maximise the same excess. Sleeves are scored the way personal vaults are: vs HODL and vs the continuous rebalancer, persistence over 12–24 hours, on pairs the book is willing to inventory.
Control
THE VAULT will still be withdrawable to the depositor’s wallet. It will not replace the personal vault, and it will not be the only way to use TRUSS LP. If you want a single pair you picked, keep using the desk as it is. If you want the policy applied across the listed universe, THE VAULT is the vehicle.
Nothing in THE VAULT design lets funds leave the aggregator / DEX LP allow-list. Kill-and-sweep remains the user’s right, at share level.