Introduction
What is VULTR Protocol? VULTR Protocol is a Solana-based liquidation vault designed to give users simple, non-custodial exposure to liquidation-driven yield.
Users deposit USDC into the vault and receive vault share tokens (often referred to as sVLTR) that represent their pro-rata claim on the vault. As the vault earns liquidation profit, the value per share increases over time.
Tagline: Circle. Wait. Feast.
What VULTR Includes
VULTR is an end-to-end system, not a single contract:
1) On-chain Programs (Solana / Anchor)
Vault deposit and withdrawal flows
Share minting and burning mechanics
Profit accounting and share value growth
Bot-only capital management functions (borrow/repay/writeoff)
VLTR staking and permissionless reward claiming
2) Liquidation Bot
Continuously scans for liquidatable positions
Enforces safety guardrails (oracle freshness checks, slippage controls, circuit breakers, idempotency)
Executes liquidations and returns profits to the vault
3) Frontend App
Wallet connection and vault actions
Portfolio and position display
Yield/leaderboard visibility
Transaction history and protocol activity
4) Data + Operations Layer
Database tables for users, transactions, snapshots, liquidations, and leaderboards
Scheduled jobs to compute protocol/user snapshots
Edge functions for authentication and supporting app flows
Where to Access VULTR
Website: vultrprotocol.com
App: app.vultrprotocol.com
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