Changelog.
A record of material product and policy decisions in force on Northvault. We update this page when something substantive changes — not every UI adjustment, but every change that a depositor doing diligence on the platform would want to know about.
The public product is a diversified stablecoin yield strategy book — reserves, market-maker lending, on-chain liquidity provision, and a small opportunistic sleeve. Estimated yield accrues continuously and settles to the ledger daily. Tier uplift applies on the loyalty rewards programme.
Treasury is held across three multi-signature tiers with threshold signing on every outflow. Withdrawal allowlists, first-time address review, and continuous monitoring are enforced in production.
No single counterparty or venue may represent more than 30% of the book. Opportunistic sleeve capped at 10% of book regardless of opportunity set. Limits evaluated on every deployment and rebalance.
Reserves sleeve is sized to fund ordinary withdrawal flow and to act as the stable base yield of the book. Composed of short-duration, dollar-denominated cash equivalents and tokenised treasury exposure.
Estimated yield is computed on every balance read against the principal and the time elapsed since the last settlement. Settlement to ledger occurs once per day; live balance grows continuously.
No material incidents currently published. When an incident occurs that affects depositor balances, custody, or withdrawal availability, an entry will appear here with the date, scope, response, and resolution.