Anchor vault design notes
Liquidity before yield

Anchor is the conservative tier of Atlas vaults. It is designed for depositors who care more about getting their funds back on demand than about the last basis point of yield.

How it allocates

Anchor lends only into markets that pass our listing review, and it keeps a liquidity buffer that is never lent out. Exposure to any single market is capped, and the cap is smaller for newer or thinner markets.

When it exits

• Utilisation in a market stays above the exit threshold for longer than the grace window.
• A price feed goes stale or diverges from its reference beyond tolerance.
• Collateral in a market loses liquidity faster than our model allows.

All parameters in this note are design targets. They will be published with the vault contract at launch and can be read onchain from then on.