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 our directional strategies.
When you enter αVault, you receive vtSIRE units, representing your vault share.
These units remain in your wallet and are non-transferable for fairness and security.
αVault is governed by strict safety rules, so you hold your vtSIRE Units and let the system trade and compound on your behalf.
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
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: reduces from 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 as long as there is capacity in the vault. αVault is not token-gated.
The vault follows strict quantitative risk rules to ensure disciplined execution:
Max 1% exposure per trade
Max 10% of total bankroll deployed at once
These constraints prevent overexposure and promote long-term capital safety. Profits from successful trades are streamed back into the vault over 24 hours, creating a smoother return curve and preventing short-term arbitrage opportunities. On the vault page, the “pending” amount represents profits from winning bets that are in the process of being streamed into the vault over the next 24 hours . This ensures transparent, time-distributed performance updates for all participants.
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.
Withdrawals
To exit αVault, initiate a withdrawal request. Withdrawals are finalised after a 7-day period, aligning with the vault’s profit-streaming cycle.
After this window, you’ll receive your USDC equivalent at the value from the moment you initiated your withdrawal, minus a small 2% withdrawal fee (reduced if you have SIRE staked).
This structure ensures transparent settlement, fairness across participants, and consistent vault balance updates during the streaming period.
Performance Results:
αVault operates with absolute transparency. Users can monitor the vault's performance via a complete feed of all settled bets.
On the Performance page of the vault, you can track the Total P&L and view the specific details of every wager:
Game & Position
Stake & Payout
Individual P&L & ROI
Why It Matters
αVault is the bridge between sports intelligence and Decentralised Finance (DeFi).
Access: It converts institutional-grade data into autonomous strategies anyone can access.
Alignment: Transparent fees and buybacks ensure the protocol grows alongside user profits.
Uncorrelated Yield: By relying on sports outcomes rather than crypto market sentiment, αVault produces performance streams that help diversify on-chain portfolios.
Last updated