Vault Creation
Creating a vault is the first step in setting up your portfolio. In Orion, vaults are ERC-7540 smart contracts that act as containers for your strategy, fee structure, and access controls and accounting. There are two main types of vaults:
- Transparent vaults - Portfolio allocations are visible onchain, providing full transparency to users and the broader ecosystem.
- Private (encrypted) vaults - Portfolio allocations are encrypted and remain confidential, protecting manager alpha while maintaining verifiable performance.
When creating a vault, you configure the following parameters:
| Parameter | Description |
|---|---|
strategist | The address of the Strategist. |
name | The human-readable name of the vault. |
symbol | The symbol of the token representing the vault shares. |
feeType | The Vault Fees Model. |
performanceFee | The performance fee in basis points. |
managementFee | The management fee in basis points. |
depositAccessControl | Optional address of a contract permissioning deposits. |