STOCK-TOKEN LIQUIDITY, BY DESIGN.

Your stock.
In motion.

Stock tokens + USDG. One liquidity position.
A trading curve that gives it shape.

Explore the full model

A replicating market maker.
Your share of two real assets.

AAAPL / USDGEXAMPLE MARKET
STOCK TOKEN79%
USDG21%
ONE POOL.
TWO ASSETS.
MODEL MIX · BY VALUE
100.0 USDG
80 LOWER PRICESTRIKE 110HIGHER PRICE 130
Strike · USDG
Horizon
More stock in the model mix.

At lower prices, the reference curve keeps more stock exposure.

Illustrative model · Fixed time, changing price. Actual pool reserves may differ.

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PROTOCOL IN DEVELOPMENTMEET THE MECHANISM YOUR ASSETS. YOUR PARAMETERS.

Markets move.
Your intent shouldn’t.

Liquidity is more than capital in a pool.
It’s a point of view on what comes next.

Vanta turns that point of view into a defined liquidity profile. Choose a stock, a strike, and a horizon. Let a purpose-built trading curve give your position its shape.

MARKET MOVEMENTYOUR PARAMETERSA DEFINED PROFILE
THE PRINCIPLE IS SIMPLE

Less noise. More intention.

One position.
A considered design.

Covered-call-like liquidity.
Built from the assets you actually own.

01 / DEFINE

Choose your shape.

Start with a stock-token market. Set your strike and horizon. Each pool’s calibration stays fixed for its lifetime.

YOUR MARKET. YOUR PARAMETERS.
02 / PROVIDE

Let the curve work.

Supply stock tokens and USDG. As traders swap, the pool’s inventory changes and actual trading fees accumulate.

TWO ASSETS. ONE POSITION.
03 / OWN

Know what is yours.

Your LP tokens represent your share of the pool. Redeem the underlying stock tokens and USDG, before or after expiry.

PROPORTIONAL OWNERSHIP.

A trading curve, with a covered-call-like profile.
No separate option contract. Your claim is on the pool’s actual inventory.

A shape you
can make sense of.

Move the strike. Change the horizon.
See how a different intention changes
the reference profile.

Proposed first market

AAPL / USDG

Stock-token liquidity
110%
90%120% of spot
Choose your horizon
Starting mix · by value79 / 21
Stock-token valueUSDG
Explore the shape
Terminal spot100.00USDGPer risky unit
Model benchmark100.00USDG+1.37 vs. same-cost spot
Same-cost spot hold98.63USDGPortfolio value
Illustrative terminal portfolio valuesWith a 110 USDG strike and 30-day starting horizon, the benchmark is compared with a spot holding and a static reserve mix purchased for the same initial 98.63 USDG. At expiry the benchmark equals the lesser of terminal spot and strike. These curves do not predict actual pool inventory or fees.Value · USDG60901201506090120150STRIKE 110Spot · USDG / risky unit
Model benchmark

Move across the chart, or focus and use arrow keys to explore.

Initial model cost98.63 USDG

At expiry, the reference shape is min(spot, strike). All three portfolios start with the same cost.

Illustrative model, no live price. Initial spot: 100 USDG per creation-time risky unit; volatility: 40% annualized; zero interest and fees. The benchmark is not a promised payout. Actual reserves, trading, fees, and market gaps determine the inventory you can redeem.

Real activity.
Actual fees.

Value begins with a trade. When someone swaps through Vanta, a share of the fee stays with the liquidity that made it possible.

No invented premium. No promised rate.
Just a clear connection between activity and fees.

A TRADE GOES THROUGH
Trading fee USDG
80%Liquidity providersRetained in pool reserves
20%ProtocolAccounted for separately

Illustrative proposed fee split. Parameters may change before launch.

+CLARITY IS PART OF THE DESIGN+

Your assets.
Your horizon.
Always in view.

See what you own.
Understand what comes next.

  1. 01
    Defined at the start.

    A fixed strike, volatility, and expiry.

  2. 02
    Transparent along the way.

    Actual stock tokens and USDG reserves.

  3. 03
    Yours to redeem.

    Your proportional share of both assets.

Good questions.
Clear answers.

Understanding the mechanism
is part of the experience.

Vanta is a stock-token liquidity protocol in development. Its trading curve is designed to give a liquidity position an approximate covered-call-like profile. The proposed first market pairs one approved stock token with USDG on Robinhood Chain.

No separate option is bought or sold. You supply stock tokens and USDG to a liquidity pool. Its trading curve is designed to approximate the shape of a covered-call portfolio. Your position remains a claim on actual pool inventory, not a promise of an option payoff.

Spot traders pay fees when exchanging the pool’s two assets. The LP portion stays in pool reserves; the protocol portion is accounted for separately. There is no separate option premium, fixed yield, or guaranteed return.

The planned design allows proportional withdrawals before or after expiry, including while new trading is paused, whenever the underlying tokens permit transfers. You receive both assets in the pool’s current reserve mix. Selling the stock tokens is a separate transaction.

Trading stops at the pool’s cutoff. You can redeem your proportional share of the actual stock-token and USDG balances. The strike is a model reference, not a guaranteed cash payment. There is no automatic rollover.

A working local prototype is available with test tokens and real transactions on a local development chain. There is no public deployment and no real funds are accepted. Further numerical validation, simulation, independent review, and a capped pilot are required before a public launch. The landing-page explorer remains illustrative.

A NEW SHAPE FOR WHAT COMES NEXT.

Put intention
into motion.

Explore the model
IN DEVELOPMENT. BUILT WITH INTENTION.
vanta

PROTOCOL OVERVIEW / V0.1

Liquidity by design.

An expiring stock-token liquidity position, shaped by a replicating market maker.

Research & implementation stage

The mechanism

A liquidity provider supplies a stock token and USDG to a pool with a fixed strike, volatility calibration, and expiry. Trading changes the reserve mix and contributes fees. LP tokens represent proportional ownership of actual reserves.

The reference profile

The curve targets an approximate covered-call-like portfolio. Its theoretical expiry benchmark is the lower of the stock-token lot value and the strike. Actual inventory can differ because of fees, trading conditions, price jumps, and replication error. The benchmark is not a payout obligation.

The proposed first market

One approved stock token against USDG, targeting Robinhood Chain. Initial horizons are 7 and 30 days. AAPL is an illustrative candidate, subject to asset approval and validation.

Before launch

Numerical validation, event-driven simulation, independent review, and a capped pilot are required. Local contracts use test tokens only. No public contracts have been deployed and no real funds are accepted.

Download full specification

Markdown document · Includes mathematics, accounting, and research sources.