Asset Vaults
What are Asset Vaults?
Asset Vaults are TrueFi vaults that facilitate off-chain credit, or "Real World Asset" (RWA), activity.
Why are Asset Vaults useful?
Asset Vaults represent off-chain instruments by using onchain attestations, or Asset Reports.
By using this structure, Asset Vaults can facilitate diverse and complex RWA activities, such as:
Deploy capital to off-chain uses: portfolio managers (PMs) can use Asset Vaults to create representations of off-chain debt instruments, ETFs, etc.
Support 100+ loans/instruments in a single vault: Asset Vaults enable PMs to represent many loans or off-chain instruments with low gas costs.
Floating rate loans: PMs can create loans that reference off-chain benchmark rates (e.g. SOFR + 200).
Amortizing loans: PMs can create loans that support complex repayment schedules, following existing structures found in the traditional finance world.
How do Asset Vaults work?
Asset Vaults function similarly to Credit Vaults, with the exception that portfolio managers disburse funds using onchain asset reports, rather than disbursing funds to onchain loans.
Asset Vaults are made up of modular components, enabling PMs to configure vaults to their unique needs.
Are Asset Vaults audited?
Yes, see here: https://github.com/TrueFi-Protocol/contracts-fluorine/blob/main/audits/ChainSecurity_TrueFi_Fluorine_audit.pdf
Can I demo Asset Vaults?
Yes, see Asset Vault tutorial.
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