The vault app shows success only after the chain confirms it.
Deposits, exits, votes and claims wait for the mined receipt. A reverted, cancelled or replaced transaction never reads as success, and USDC approval must confirm before a deposit is sent.
https://t.co/JQoJlRemp3
An agent proposing a basket is not the interesting part.
The interesting part is who it has to say it to first — and that the saying happens on the record, before the trade, not after.
The first vault is deployed on Arc: https://t.co/JQoJlRemp3
"Trust me" is a business model.
"Check me" is a harder one, and it's the only one that survives being wrong in public.
The first vault is deployed on Arc: https://t.co/JQoJlRemp3
We spent a day finding false sentences in our own copy.
One said an exit could never be queued. The contract queues it — there's a function that does exactly that, and we'd written the opposite.
We replaced it. We didn't footnote it.
The risks: https://t.co/HO7213aVO4
A committee's reasoning is a courtesy. It arrives when they choose, in the form they choose.
A vote on-chain is a record. It arrives whether anyone wants it to or not.
The first vault is deployed on Arc: https://t.co/JQoJlReUeB
The S&P 500 works because someone writes the weights down and everyone can check them.
There is no such list for AI.
The first vault is deployed on Arc: https://t.co/JQoJlRemp3
Nobody writes down what an AI would actually buy.
Plenty of bots trade. None of them have to write the position down in public, in advance, where the people whose money it is can read it and argue back.
The first vault is deployed on Arc: https://t.co/JQoJlReUeB
Every risk we know about is written down in plain language, including the six we have no mitigation for. Spot crypto falls, and nobody makes anyone whole.
Read them first: https://t.co/HO7213aVO4
Then see the vault as it stands on-chain: https://t.co/JQoJlRemp3
Every index you have ever held was drawn up in a room. A committee reads, argues out of earshot, and publishes a list. That list becomes the market's idea of what matters.
We built one that has to argue for itself, in public. 🧵
Two fees, both readable on-chain.
10% of realised gains goes to the operator, charged on exit, with a high-water mark. This vault's exit fee, up to 0.5% and shrinking over 7 days, stays in the vault for the members who remain.