This certifies that the bearer is entitled, in perpetuity, to a two percent share of every transaction conducted upon this instrument, payable in SOL, distributed automatically by smart contract. There is no application. There is no lock-up. There is only the ledger.
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Six provisions, formally stated. There is no whitepaper. There is no roadmap. The instrument is the document.
Whosoever holds $VAULT in a Solana wallet of their custody is the bearer. There is no register of names, no application, no consent required from the issuer. The wallet is the entitlement. The token is the certificate.
Two percent of every buy and sell transaction is collected at the contract level and distributed automatically to bearers, pro rata to their holdings, in SOL. No claim. No staking. No counterparty. The distribution is unconditional.
The yield mechanism shall remain in force for so long as the contract is operative. There is no expiry, no maturity date, no buy-back. The yield concludes only when the bearer voluntarily disposes of the instrument.
The supply is fixed. Mint authority is permanently revoked at deployment. No further issuance, dilution, or supply alteration is possible by any party — including the deployer. The ledger is closed.
Liquidity provided to the primary market is burned at launch. The deployer retains no power to withdraw. Withdrawal of the foundational pool is therefore impossible — by anyone, in perpetuity.
This instrument is not a security, an investment contract, or a promise of return. It is a digital bearer object on a public ledger. The holder bears all risk. See disclaimer in full.
Four steps. No discretion. No middleman. The contract performs the work; the bearer receives the proceeds.
A trade is executed. A bearer acquires or disposes of $VAULT on Solana. SOL changes hands.
2% of the transaction's SOL value is withheld at the protocol level. No bearer signs. No bearer can opt out.
The withheld SOL is paid pro rata to all wallets holding $VAULT, weighted by balance. No claim required.
The cycle repeats with every trade. The instrument generates yield for as long as it changes hands.
The book of record. Every entry is settled on Solana and verifiable on-chain. There is no off-book trade.
| Time | Side | Bearer (truncated) | Volume (SOL) |
|---|---|---|---|
| — retrieving the book of record — | |||
Three guarantees, each verifiable on-chain. No promise. Only proof.
Mint authority was permanently revoked at deployment. The supply is fixed and cannot be inflated by anyone — verifiable via Solana Explorer.
Initial liquidity tokens were sent to a verified burn address. The pool is permanent. Withdrawal is technically impossible — even by the deployer.
Freeze authority is null. No wallet can be blacklisted, no balance can be frozen, no address can be censored. The bearer is sovereign.
Three steps. Five minutes. The instrument is in your custody.