Transferable Vault Positions
Every vault is also a position token. Sell a riding vault before its target, or buy one that is already on its way.
What a position is
- Each vault is an ERC-721 token (MoonVault Position, MVPOS) whose token id is the vault id. It is minted when the vault opens and burned when the vault closes, by seal or by termination.
- Whoever holds the token owns the vault: the seal proceeds, the right to terminate, and the vault's MV-Shares all follow it.
- The entry price and target do not reset. A buyer inherits the vault exactly as it was minted.
- The closer's ladder belongs to a wallet, not a vault — a buyer seals at their own rung.
The market is the only way to move one
A position changes hands only through the position market contract. Sending it wallet-to-wallet reverts — including to another wallet of your own, which means listing it and buying it from that wallet, fee included. A closed vault, or one with an early exit pending, cannot move.
Listing, buying, cancelling
- List a position you hold, priced as a discount off its live oracle value (up to 90% off) or as a fixed price that expires within 24 hours. You approve the market for that one position only.
- Buy in the market's stable. You set the most you will pay, so a price that moves before your transaction lands cannot overcharge you.
- Cancel at any time, as the lister or the current holder. Nothing is escrowed: the position, its shares and its dividends stay with the seller until a sale settles.
- Fee: 1.5% of the position's value — not of the asking price — paid by the seller out of the proceeds. A sale priced below the fee is refused.
Where the fee goes
Market fees go to the fee router's lanes only: 30% buys MOONX and burns it, 40% buys MOONX for stakers (burned instead while nobody is staked) and 30% funds the treasury. None of it goes to dividends or referrals.
MV-Shares and dividends on a sale
The vault's MV-Shares move to the buyer with the token. Dividends are settled first, so everything the seller earned up to the sale stays claimable by the seller, and the buyer earns from then on. MV-Shares still cannot be transferred on their own.
Positions are listed, bought and cancelled from My Vaults (/vaults). The market panel appears there once the position market contract is published in the app; every sale is a real PulseChain transaction.