Verifiable on-chain
LP position creation, yield-rights purchases, and payments must be verifiable through on-chain transactions. Database records alone cannot establish completion.
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DESIGN PRINCIPLES
From strategy execution to profit distribution.
VYRA connects strategy execution with yield-rights distributions. Traceable rules define the source of principal, the purchase process, and final returns.
OWNERSHIP & RIGHTS
You are purchasing yield rights.
Principal and LP assets belong to the Treasury. Users receive valid yield shares in a specific Basket.
- Treasury
- Provides principal · Manages strategy assets
- Yield-rights holders
- Share realized positive net profit in proportion to valid shares
THE LIFECYCLE
The complete lifecycle.
The following describes the whitepaper design. See on-chain parameters for the deployed configuration.
- 01
Treasury funding
Verify available reserves and allocate separate principal.
- 02
Establish LP positions
Open 2–5 positions before sales begin.
- 03
Purchase yield rights
Acquire shares in a specific Basket at the quoted price.
- 04
Exit and reconcile
Close all LP positions at maturity or after a stop-loss trigger.
- 05
Distribute by share
Settle based on realized positive net profit.
EXECUTION PRINCIPLES
Defined execution.
Verifiable settlement.
Every stage retains traceable status and actual execution records.
Shared maturity
The term starts at Basket launch. All yield rights share one maturity time, which does not extend when an individual makes a purchase.
Purchases match burns
Under the whitepaper rules, VYRA payments must actually be burned. Share recording and payment processing are atomic: if either fails, the entire transaction reverts.
Irreversible liquidation
A stop-loss trigger ends sales and begins liquidation. An emergency pause cannot bypass a triggered stop-loss or reopen sales that have ended.
Distribute realized proceeds
When valid holders exist, 100% of realized positive net profit is distributed in proportion to valid shares. If net profit is zero or negative, users receive no return. With no valid purchases, positive net profit belongs to the Treasury.
WHITEPAPER · V1.0
Read the relevant section Read the whitepaper for the protocol overview and core rules.