Enhanced Vaults
Enhanced Vaults represent configurations of the AlphaPing operating model that introduce additional complexity within the same mandate-driven, non-custodial framework.
They are designed for scenarios where mandates permit broader asset scope, more dynamic allocation, or increased structural complexity, while retaining the same enforcement discipline, accounting treatment, and protocol dependence as Core Vaults.
What Enhanced Vaults Are
Enhanced Vaults are mandate-driven on-chain credit vaults configured with parameters that allow for expanded asset eligibility, wider allocation ranges, or additional structural components.
They operate under explicit mandates and are enforced through the same rule-based execution model as all AlphaPing-operated vaults. Enhanced Vaults do not introduce discretionary operation or custodial control.
How Enhanced Vaults Differ From Core Vaults
Enhanced Vaults differ from Core Vaults through mandate configuration rather than through changes to operating rules or governance.
Where Core Vaults emphasize the most conservative parameterization, Enhanced Vaults allow for increased flexibility within predefined bounds. This may include broader collateral eligibility, wider allocation bands, or more complex exposure structures, as explicitly defined by mandate.
Configuration Characteristics
The table below summarizes typical configuration characteristics of Enhanced Vaults. Actual parameters vary by mandate and are defined in advance.
| Configuration Aspect | Enhanced Vault Setting |
|---|---|
| Asset Scope | Broader set of mandate-approved assets |
| Collateral Profile | Over-collateralized, with mandate-defined LLTV thresholds |
| Allocation Behavior | Permitted across approved markets within wider bounds |
| Structural Complexity | May include additional layers or exposure constructs |
| Liquidity Posture | Subject to mandate constraints and on-chain liquidity |
| Explicit Exclusions | No custody, no discretionary overrides, no guarantees |
Risk Profile and Constraints
Enhanced Vaults operate under the same AlphaPing Risk Framework as Core Vaults. Risk is defined in advance through mandate constraints and enforced mechanically through protocol execution.
Although Enhanced Vaults may introduce additional complexity, there is no relaxation of enforcement discipline. Collateral thresholds, allocation limits, and liquidation behavior remain active across market conditions.
Liquidity and Withdrawal Behavior
Liquidity and withdrawal behavior in Enhanced Vaults follows the same protocol-defined mechanics as all AlphaPing-operated vaults.
Withdrawal availability depends on on-chain liquidity and mandate configuration. There are no discretionary gating mechanisms or manual intervention during periods of stress.
Accounting and Loss Treatment
Accounting and loss treatment for Enhanced Vaults follow the same principles applied across the AlphaPing platform.
Outcomes are recognized based on executed on-chain transactions and protocol-defined accounting behavior. There is no special treatment, smoothing, or loss absorption applied to Enhanced Vaults.
What Enhanced Vaults Do Not Do
Enhanced Vaults do not operate outside predefined mandates and do not rely on discretionary investment decisions.
They do not take custody of assets, override protocol execution, guarantee outcomes, or provide insurance or compensation for losses.