$XVAULT markets work because different people play focused roles that fit together. Some join to get exposure, some supply liquidity, some safeguard assets, some verify, some govern, and some provide credit. One person can play more than one role, and the system stays transparent because each role has clear incentives, permissions, and checks like custody and KYC where required.
In the cards below we walk through how each role participates, what they earn, and the key risks to understand: Investors & Secondary Traders, Liquidity Providers, Custodians, Auditors, $XVAULT Holders, and Lenders. Use this as your map to the rest of the docs.
Partially invest in assets or collections of assets through curated vaults.
Supply capital to vaults and earn a programmatic share of fees.
Shape the protocol by owning the governance token, and claim rewards.
Create vaults within your criteria, onboard assets, and manage custody.
Perform and process audits for vaults, and earn audit fees.
Offer loans secured by vault positions, giving holders liquidity without selling.
Stakeholders
Governance Token Holders ($XVAULT)
Hold governance rights and voting power.
Possible future reward structures can be proposed by holders (e.g., fee distributions, staking rewards).
Benefits include priority allocations, trading fee reductions, Konvi discounts, and first access to airdrops.
Secondary Traders
Participate in buying and selling tokenised assets and Vault Tokens on the DEX.
Liquidity Providers (LPs)
Provide USDC and Vault Tokens to liquidity pools.
Earn trading fees, Vault tokens, and early-stage $XVAULT rewards for locking liquidity.
Independent Auditors
Validate asset authenticity, provenance, and token standards.
Earn audit fees and build reputation within the ecosystem.
Physical Custodians
Securely store RWAs backing ERC-721 tokens.
Earn custody fees, entry fees, and perpetual earnings in Vault Tokens.
Developers (Konvi to start)
Build and maintain protocol integration, tooling, and core services.
