This framework allows defi operators to focus on what truly matters while offering the safety that tokenholders really need and benefits both parties as a result. It's a stepping stone towards the integration of defi into the real world.
In other words nothing changes when it comes to the open market flow of tokens. Kyc requirements kick in the case of an m&a transaction. Everyone else can interact with a Salutary token in the the same way they interact with any other token.
Salutary tokens are change-of-control instruments that enable enforceable M&A events at predetermined thresholds. We also provide institutional-grade financial auditing consistent with GAAP/IFRS standards.
The token's compliance stems from its structural design: no profit-sharing, no dividends, only M&A rights with enforcement teeth. This architecture aligns with securities laws while creating mechanisms through which the token may reflect business fundamentals.
On Liquidity/Anonymity: Secondary market trading operates independently of Salutary's enforcement framework. We don't custody tokens or facilitate trading.
Secondary market venues and institutions handle their own KYC/mandate checks; Salutaryโs obligations attach to issuance and exercise of control.
Salutary KYC requirements trigger only when a party seeks to execute an M&A/corporate transaction - similar to how public companies only identify shareholders at proxy battles or tender offers. Then yes, we intimately need to know who you are.
Otherwise nothing needs to be identified from Salutary's end or the partner's. Holders can always self-report whatever they please as can exchanges; we are not responsible for any compliance measures of investors, they manage that.
These are all institutional-ready characteristics.
Learn more here: https://t.co/6lS89Hakev
@BuildForWeight
But unlike current tokens, Salutary tokens provide actual transparency in regards to the activities of the underlying business through Salutary's financial auditing process, along with minority tokenholder protections that kick-in after an acquisition event.
@amandaxyjf Salutary does not engage in custody activities. As for their auditing model you can find a good explainer in the following link:
https://t.co/yWHP7OZd1l
This is GAAP style auditing in the context of the defi world and we are very proud to implement it.
We are proud to be a founding Salutary partner. The future of DeFi lies not in complex tokenomics schemes, but in offering real solutions that serve users and institutions alike. Salutary accelerates DeFi innovation and will attract a new wave of builders and institutional-grade investors into the industry by transforming the tokens into institutional-grade assets that reflect the success of the business they build. Yieldstream's token is a Salutary token.
It's the missing piece for builders that seek to bring new ideas to life while building in a completely open and transparent manner; it aligns value creation, and capture, for the business, and allows the token to express that success in a legal, compliant, enforceable manner. Salutary is a conduit between DeFi and the real world that allows you to step outside of the crypto bubble. All you need to bring to the table is a product or service of value to the market, and the token follows suit.
By partnering with Salutary, we've chosen accountability over hype. We're no longer trapped in the attention economy's rat race, constantly pumping a token with no inherent purpose. Instead, we've embraced the responsibilities that come with building a real business: financial transparency and genuine value creation. With Salutary, the token is no longer a trading chip, but a fundamentals-aligned institutionally ownable asset.
Salutary provides the bridge between crypto innovation and institutional capital. All you need is a product or service that creates real value, and the token becomes an extension of that.
The Salutary Whitepaper has been released!
Read on the website: https://t.co/IFpMLOI4UJ
Link to 'Stackhouse version of it in the comments. Pls share with a loved one :)
Build For Weight
@crypto_beast7 @base@0xyieldstream
A completely trustless erc-4626 Yield aggregator that features the first on-chain circuit breaker.
Yieldstream vaults function fully on-chain, use a decentralized rebalancing process and enable on-chain risk management.
Launching soon on Base.
6/6 The age of defi supremacy is upon us. Itโs inevitable. Always has been. Yieldstream is designed from first principles to fit into the new paradigm. A world of decentralised financial rails is our north star and we hope that you join us in the journey ahead. We are coming soon.
๐งต1/6 We are making aggregation great again. Decentralised rebalancing. Embedded risk management. Circuit breakers. Erc-4626 compliant. Written in Vyper. Plug and play. Coming soon to a sequencer near you.
๐งต1/8 Today we are proud to announce Yieldstream. A highly flexible yield aggregation protocol that operates entirely on-chain. Designed with first principles in mind the Yieldstream stack offers multiple layers of control, decentralises the vault rebalancing process and introduces circuit breakers into the yield aggregation landscape.
5/6 It took a lot of work to get here. And itโs gonna take even more work on our way to mainnet. Iโm very thankful to @iamehjc @proteusguy and @sajal for their contribution to Yieldstreamโs development. Iโm also very thankful to @functi0nZer0 and @d1ll0nk for their work on Nirn, the spark that lit this fire. And Iโm extremelly thankful to @PaulFrambot@MerlinEgalite and the rest of the Morpho team for building the infrastructure Yieldstream needs to shine.