Vaults (Terminology)
In Tangle documentation, “vault” can refer to different on-chain components. This page clarifies the terminology.
RewardVaults (TNT Incentives Per Asset)
RewardVaultsis an on-chain system that pays TNT incentives for delegated assets.- It maintains one vault per asset (native, TNT, etc.).
- Vaults are configured by governance (APY, deposit cap, incentive cap).
- Rewards are funded from
InflationPool(pre-funded, no minting).
LiquidDelegationVault (Liquid Restaking Shares)
Liquid restaking uses a different vault concept:
LiquidDelegationVaultis an ERC-7540-style wrapper around a delegated position.- It mints transferable shares representing a vault’s delegation to a specific
(operator, asset, blueprint selection)tuple. - Redemptions are asynchronous and follow the underlying unstake delay.
ServiceFeeDistributor (Service Fee Revenue)
Service-fee revenue share to restakers is handled by ServiceFeeDistributor:
- It receives the restaker portion of service payments, per operator.
- It accounts for
AllvsFixedblueprint selection and optional per-asset security commitments. - Delegators claim rewards from the distributor (or through the protocol UI).