What Is a BitSafe Vault?

A BitSafe Vault is a segregated, custody-secured container for yield strategies on Canton Network. Each vault is:

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Decentralized Party Technology

A Decentralized Party is a multi-node structure that provides distributed custody and governance. Multiple independent operators must authorize actions. No single party (including BitSafe) can act unilaterally. Think of it as an automated multi-sig: multi-party authorization without manual coordination.

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How the Vault Works

What Curators Do

  1. Set parameters: Configure asynchronous withdrawals, yield epochs, and deposit windows
  2. Move assets: Deposit and withdraw underlying assets to execute the strategy
  3. Deposit yield: Return profits to the vault for distribution to LPs

What the Vault Does

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Important: The vault does not execute trades or implement strategy logic. It simply provides secure infrastructure for custody and yield accounting and only sees asset movements in and out. Strategy details remain confidential.

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Security Model

BitSafe Vaults are secured by multiple layers:

  1. Decentralized Party Custody — Multi-node structure with distributed governance
  2. Canton Network Privacy — Sub-transaction privacy keeps strategy details confidential
  3. On-Chain Audit Trail — Full visibility into transactions for compliance and reporting

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Mitigate EVM Attack Vectors: Built on Canton, not Ethereum.

Avoid hacks on assets stored in smart contracts that plague EVM-based yield products.

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Vault Roles

Role What They Do
Curator Sets parameters, moves underlying assets, deposits yield
LP Deposits/withdraws underlying assets, receives vault shares
Decentralized Party technology Multi-node custody, confirms transactions, can pause vault
BitSafe Backend Processes deposits/withdrawals, distributes rewards
BitSafe Admin Deploys infrastructure and assigns permissions (observer-only after deployment)

Key Features for Curators

Queued Withdrawals

Configure a withdrawal period (e.g., 72 hours) so curators don't need to keep the entire vault liquid at all times. This provides flexibility to deploy capital while managing LP liquidity expectations.

Epoch Management

Structure strategies into phases:

Whitelisting

Restrict deposits and withdrawals to select LPs for institutional strategies or compliance.

Configurable Parameters

Planned controls include but are not limited to:

Technical Requirements

For Partners with a Canton Node

For partners already operating on Canton Network, integration is straightforward:

Don't Have a Node?

For partners not yet on Canton, there are options:

Learn More