Token
$VAULTS
$VAULTS is the protocol token for the VAULTS index layer. It is not a vault share and does not represent ownership of underlying assets.
Boundary
$VAULTS is not the index itself. The vault indexes are AI Vault, MAG7 Vault, and HOOD Vault (and future vAI / vMAG7 / vHOOD tokens if the product evolves). Holding $VAULTS does not confer ownership of any vault or any underlying stock.
Role today (V1)
Protocol identity and branding. No onchain utility ships in V1.
Future roles (not built)
- Governance
- Vault-creation voting
- Premium analytics access
- Fee capture, if tradeable vault products launch
- Reserve pairing — vault-token liquidity denominated in $VAULTS, with a possible ve-lock directing liquidity incentives, only if multiple tradeable vaults launch