Core Concept

Vault

A smart contract pool holding user-deposited USDC. It is managed by an AI agent that deploys capital into DEX positions to generate returns. The vault handles deposits, withdrawals, profit realization, and fee routing.

NDLP Token

Non-fungible interest-bearing certificate tokens are issued to depositors. It reflects the user’s proportional ownership of the vault and increases in value as the vault earns profit. Users burn NDLP to withdraw USDC.

Strategy Agent

An AI component that designs and adapts liquidity provisioning strategies (e.g., price range, rebalancing frequency). It makes market decisions based on backtested logic and live conditions.

Execution Agent

A low-latency bot that performs on-chain actions like adding/removing liquidity, executing swaps, and gas-optimized operations. It translates the strategy agent’s plan into real-time execution.

Realized vs Unrealized Profit

• Realized Profit: Gains that have been converted back to USDC and returned to the vault. Reflected in the vault’s credited value.

• Unrealized Profit: Gains still in active DEX positions or unclaimed rewards. Reflected in potential APR but not yet credited.