FAQ

What is RAVA?

A non custodial liquidation vault for tokenized real world assets. Deposit USDC, earn yield while waiting, keep the spread when the vault buys tokens below NAV and redeems at par.

How does idle capital earn yield?

USDC sits in tokenized treasuries until a seller shows up. Currently earning 3 to 4%.

What is CVaR 97.5?

CVaR (Conditional Value at Risk) measures expected loss in the worst case tail scenarios. 97.5 is the confidence level used by Basel III for bank capital requirements. It means the discount covers losses in all but the worst 2.5% of historical outcomes.

Why CVaR 90-95 for asset manager vaults?

The asset manager puts up first loss capital. If the vault takes a loss, the manager eats it first. With that buffer, the vault can bid tighter and still keep LP capital safe.

Who can sell into the vault?

Anyone. Token holders connect their wallet and sell through the app. Protocols hit the API. Asset managers can run liquidations for their own tokens.

What assets does the vault buy?

Tokenized real world assets: private credit, trade receivables, structured credit, tokenized securities. Each asset must have a proxy basket of publicly traded equivalents so the oracle can price the risk.

What are the fees?

No deposit fee. 0.10% withdrawal fee. 10% performance fee on realized profit. All fees stay in the protocol.

Can I withdraw anytime?

Yes, as long as the vault has available USDC. If the vault is heavily deployed into purchased tokens waiting for issuer redemption, withdrawals may be delayed until capital returns.

Is this custodial?

No. All deposits, purchases, and redemptions happen through smart contracts. RAVA does not hold your funds.