αVault
How SIRE's AlphaVault works
Overview
αVault automates SIRE’s intelligence layer on-chain.
It transforms model-driven strategies into fully autonomous execution, allowing users to add USDC, receive αVault units, and participate in model-driven execution. All verifiable on-chain.
Fee & Flow Overview
This visual outlines the complete fee and reward structure:
Management and performance fees are distributed to the DAO treasury, staking pool, and buybacks.
Staking reduces both performance and withdrawal fees.
Every on-chain flow supports the long-term sustainability of the ecosystem.
Refer to the Tokenomics section for the full network-wide breakdown.
αVault Units & High-Water Mark
When you add USDC to αVault, you receive αVault units representing your share of the pool. The unit price fluctuates based on vault performance.
αVault uses a High-Water Mark (HWM) system to ensure fairness:
Performance fees apply only to new gains above your personal HWM.
Your HWM starts at your entry unit price and updates each time a new high is reached (after fees).
If the unit price falls below your HWM, no performance fee is charged again until it exceeds that previous high.
Example: You receive units at an entry price of 1.00 USDC → HWM = 1.00. The price rises to 1.10 USDC. A 20% performance fee applies to the $0.10 gain ( $0.02 ). Your net unit value becomes 1.08 USDC, and your HWM updates to 1.08. If performance later falls to 1.05, no fee is charged again until the price climbs above 1.08.
This structure prevents double-charging and ensures complete fee transparency.
Fee Structure
αVault fees are designed to align incentives between users and the protocol.
Management Fee: 2% annually (1% DAO Treasury / 1% SIRE burn)
Performance Fee: 20% → 10%, depending on SIRE staked
Withdrawal Fee: 2% → 1%, also reduced by staking level
All fee flows occur automatically on-chain, funding staking rewards, SIRE buybacks, and ongoing product development.
Pool Mechanics
Anyone can add USDC to αVault and participate in automated, model-driven strategies. SIRE stakers receive discounted fees. Performance from successful strategies are streamed back into the vault over a short settlement period to smooth recognition and mitigate short-term arbitrage.
Note: αVault participation is currently capped for liquidity management and strategy calibration purposes. Caps may expand progressively as total value locked (TVL) and on-chain execution capacity scale.
Strategy Implementation
αVault’s execution layer combines several intelligence sources:
Quantitative model predictions
Market-making on prediction markets (e.g., Kalshi, SX Bet)
Risk-managed position sizing
Computer-vision analysis powered by Score Vision
Real-time performance tracking and adaptive optimization
All strategy actions are verifiable on-chain, ensuring a transparent and self-improving execution loop.
Why It Matters
αVault is the bridge between sports intelligence and decentralised finance. It converts complex, institutional-grade data into autonomous, on-chain strategies that anyone can access.
By aligning incentives through transparent fees and buybacks, αVault transforms every match into a measurable, uncorrelated opportunity, building a sustainable foundation for the entire SIRE ecosystem.
αVault bridges sports intelligence and DeFi, producing performance streams that move independently of crypto cycles and help diversify on-chain portfolios.
Performance Results:
Before αVault went live, we ran an extensive internal strategy testing to validate execution, risk controls, and performance characteristics. These tests used the same models and routing logic that will power the live vaults, but were conducted in a pre-launch environment.
View the Trading Results Report (PDF)
(These historical results are illustrative only and do not guarantee future performance.)
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