Vault Proposal: Gami scUSD vault

Gami Capital scUSD Vault

Project Introduction

Gami Capital is a Swiss-based firm registered with ARIF, specializing in providing compliant, on-chain investment products for qualified investors. Our mission is to bridge the gap between traditional finance and the decentralized world by leveraging rigorous financial engineering and a Web3-native understanding of the digital asset landscape.

With our scUSD vault on Silo, we intend to provide a robust and optimized yield-generating product. Our strategy focuses on dynamic allocation across a curated set of high-quality, whitelisted markets to maximize returns for our depositors while actively managing risk.

Team Introduction

Gami Capital is led by a team of experienced professionals with a proven track record in both traditional finance and the digital asset space.

Vault Type

The Gami Capital scUSD Vault, is designed to be a yield-optimizing vehicle for scUSD depositors. The vault’s primary objective is to generate superior, risk-adjusted returns by dynamically allocating capital across a carefully selected and continuously monitored set of whitelisted markets within the Silo ecosystem.

The initial markets to be whitelisted for the vault are:

  • S Market (15)

  • sfrxUSD Market (48)

This selection is based on our initial risk assessment, which prioritizes collateral stability, on-chain liquidity, and oracle integrity. We will continuously evaluate new and existing markets to ensure that our allocation strategy remains optimal and responsive to changing market conditions. Our active management approach will involve rebalancing allocations to capitalize on the most attractive yield opportunities while mitigating potential risks.

Security and Risk Management

Security Management:

  • Multisig Control: The vault’s curator address is controlled by a 3-of-5 multisig wallet.

  • Hardware Wallets: All multisig transactions will be executed using hardware wallets and institutional MPC solutions, providing an additional layer of protection.

  • Timelock: Live

  • Guardian Role: Silo

Risk Management:

  • Formal Risk Framework: Gami Capital employs a comprehensive risk management framework to evaluate all potential investments and market allocations. Our framework includes a thorough assessment of counterparty risk, smart contract risk, and market risk.

  • Market Evaluation: Before any market is whitelisted, it will undergo a rigorous due diligence process, including an evaluation of the underlying collateral, oracle integrity, on-chain liquidity, and any unique redemption or operational mechanisms.

  • Dynamic Caps: We will implement both global and market-specific caps on our vault to manage liquidity and mitigate concentration risk. Any adjustments to these caps will be communicated in accordance with our timelock policy.