Vault net asset value as a share of market cap. It only moves one way on its own.
The vault
Three tokenized equities, equal weight, bought with swap fees. Nothing rebalances them.
| Holding | Units | Value | Share |
|---|---|---|---|
| AAPL | —— | ——USDG | |
| NVDA | —— | ——USDG | |
| QQQ | —— | ——USDG | |
| Unconverted | — | ——USDG |
Fees pool here until there is enough to convert — —— USDG.
Redeem
Burn UNREAL, take your share of everything the vault holds. No queue, no approval, no admin.
You hold —— UNREAL.
Redemption divides by the live supply, so every burn raises the backing behind every token that stays.
- USDG
- ——
- AAPL
- ——
- NVDA
- ——
- QQQ
- ——
Trade
One pool, UNREAL against USDG, with the hook attached to it.
Buying costs —— and selling costs ——. Both are charged in USDG and both go to the vault in full. Nothing is taken anywhere else.
- Pair
- UNREAL / USDG
- Buy fee
- ——
- Sell fee
- ——
Routes ETH → USDG → UNREAL in one transaction. The USDG hop is an external pool; the second hop pays the buy fee above.
No swap link is set for this deployment yet.
Full reality
What happens when the vault catches up with the market cap.
At 100% the sell fee drops to zero and stays there. Anyone can trigger it; nobody can reverse it.
Unlocks at 100%. Currently ——%.