Architecture

The economic core

The Capital Vault is intended to be the counterparty to the index engine. A trader posts isolated USDG margin. Fees enter the vault; trader profits are paid from it; realized trader losses increase it. Vault shares represent a proportional claim on net assets after open trader liabilities.

This relationship makes liquidity useful, but creates trading exposure for depositors. A high level of trading activity does not guarantee profitable vault outcomes.

Separate execution systems

Private Crossing matches WETH and USDG held in its own pool balances. It uses sealed batches and an external reference price. It does not use depositors’ vault liquidity to fill every order.

Liquidity ladders discover prices through funded rungs. Token Studio would create ladder pools for new tokens. Their fees are divided between a creator and a fixed capital route.

Off-chain services

A production price service must sign validated observations that contracts can verify. A keeper can execute triggered orders, settle batches, liquidate eligible positions and perform permitted liquidity maintenance.

The current market-data endpoint supplies delayed research observations only. It is not a deployed oracle or an assurance that an index can be traded.

Account ownership

A browser wallet supplies a public account address and balance through the wallet provider. IdentaFi does not derive account private keys on a server. Any future transaction path must present a transaction for the user’s wallet to authorize.