How a Vault Works
Mint, ride, seal — and the exact math at each stage.
You need an Identity first. Choose a supported PulseChain asset, an amount and a take-profit target of +25% or more. Your entry price locks from the oracle at mint, along with the slippage floor your seal will be held to. One transaction can open up to 20 vaults.
The vault tracks the oracle price against your locked entry. Progress is measured as (live − entry) ÷ (target − entry). Meanwhile its MV-Shares accrue dividends whenever the fee router distributes.
When the price reaches your target, the keeper seals the vault — anyone may. The asset is sold for stable, never below the vault's slippage floor. The realised gain splits at least 80% to you and the rest to the protocol fee; 0.1% of the gain tips whoever sealed it, out of your share. The vault's MV-Shares burn, and every seal at target raises the MV-Share rate.
The closer's ladder
Your share of a seal starts at 80%. Each vault of $100 or more that you seal at target moves it up one point for your next seals, at most once a day, to a ceiling of 85% after five. Terminations never count.
Batch plans: laddering your exits
A single target is a single bet on where the market tops. A batch plan lets you build a ladder: several vaults at different targets, each with its own size. Some take profit early at +75%; others ride for +250%, +500%, +1,000% or beyond. Above the +25% minimum, the contract's only ceiling is an overflow guard.
Underwater vaults
If price falls below your entry, nothing is lost while the vault rides. Its shares keep accruing dividends, and your target is measured from your locked entry — not from the current price. The vault simply has further to travel. Terminating while underwater still costs the principal penalty.
A vault seals only if the market reaches your target. If it never does, your options are to keep waiting, terminate early and pay the penalty, or sell the position on the market. Set targets you would genuinely be happy to sell at.