Vault is not live · no deposits · helpers first

Allocation

Core holds the book. Crypto-beta is opt-in risk. Cash is ballast.

Default iPRA is 70 / 20 / 10. Buy a sleeve if you want only one of them. Weights below are the opening recipe, not a promise they never move — reconstitution is monthly, in regular hours, against published liquidity floors.

IPRA-C

Core · 70%

40 bp · 22% single name

Liquidity-weighted mega-cap and semiconductor stock tokens. Rebalanced only in NY regular hours.

TickerNameWeightPrint24h
SPYS&P 50022%$762.48+0.01%
NVDANVIDIA18%$223.79+1.58%
AAPLApple10%$335.12-0.55%
GOOGLAlphabet9%$350.59-1.09%
MSFTMicrosoft8%$494.76-0.59%
AMZNAmazon8%$254.11+0.85%
TSLATesla7%$364.47-1.17%
GLDGold6%$401.17-0.18%
USDGCash buffer12%$1.000.00%

IPRA-K

Crypto-beta · 20%

80 bp · 25% name · 12% vol target

BTC-sensitive names. Volatility-scaled so a +16% MSTR day cannot poison Core.

TickerNameWeightPrint24h
MSTRStrategy25%$157.14+14.53%
COINCoinbase22%$193.91+8.73%
CRCLCircle20%$92.12+4.92%
GLDGold18%$401.17-0.18%
USDGCash buffer15%$1.000.00%

IPRA-Y

Yield · 10%

0 bp on idle Morpho · Cash only

SGOV plus Morpho USDG. Funds weekend shocks and async mint queues. Yield accrues to NAV.

TickerNameWeightPrint24h
SGOVT-bills 0–3m55%$100.91+0.02%
USDGMorpho USDG45%$1.000.00%

Kept out of v1

  • SHROOM / ORBIO

    Native chain tokens. Not NYSE-referenced. Separate, later.

  • RKLB / RCAT / BE

    Liquidity below the reconstitution floor.

  • 5x perps

    Weekend stale prices plus leverage is how people get hurt.