Vaults

Vaults are the restaking management layer of the uTON system. They handle two crucial parts:

• Accounting: vaults handle deposits, withdrawals, and slashings of staked assets.

• Strategy: vaults define the strategies for restaking and delegation to the restaking module.

Accounting

Accounting is performed within the vault. All the assets are represented in shares internally. Users' deposit and redeem behaviors, as well as the restaking rewards and slashing penalties received from the restaking module, will all have an impact on vault shares.

Strategy

Vaults define the strategies for restaking and delegation. They determine the allocation of user-deposited assets to the restaking module and delegation to specific operators. This allocation is influenced by several factors, including restaking yield, slashing risk, and the AVS associated with each operator.