#
AutoFi Crypto Stocks Vault (afCrypto)
Crypto-Adjacent Equity Exposure
---
config:
theme: neutral
---
flowchart TB
subgraph CryptoVault[afCrypto Plasma Vault]
V2[ERC-4626 Vault<br/>Base Asset: USDC]
end
subgraph SharedFuses[Shared Fuse Set]
ERC[SupplyFuseERC4626]
Bal[BalanceFuseERC4626]
Swap[SwapFuseUniversal]
end
subgraph CryptoTokens[Crypto Basket]
tCOIN[tCOIN]
tMSTR[tMSTR]
tCRCL[tCRCL]
tBMNR[tBMNR]
end
V2 --> SharedFuses --> CryptoTokens
Raindex[(Raindex)]
SharedFuses --> Raindex
#
What It Is
afCrypto captures the growth of the crypto ecosystem through publicly traded companies: Coinbase (tCOIN), MicroStrategy (tMSTR), Circle (tCRCL), and Bitmine Immersion Technologies (tBMNR). This vault provides exposure to crypto markets through traditional equity vehicles.
#
How It Works
The vault maintains a basket of crypto-adjacent stocks—companies whose fortunes rise and fall with the crypto industry. These include crypto exchanges, corporate Bitcoin holders, stablecoin issuers, and Bitcoin miners. The portfolio is rebalanced periodically to maintain target allocations.
#
Target Returns
High beta to crypto markets, often with amplified swings
#
Who It’s For
- Crypto bulls who want additional exposure through equities
- Investors seeking regulated crypto exposure
- Those who want crypto upside without directly holding crypto assets
- Users looking for a crypto proxy that trades during US market hours
#
Benefits
Amplified Crypto Exposure: Companies like MicroStrategy and Coinbase often move more than Bitcoin itself during bull runs.
Regulatory Clarity: SEC-registered public companies with audited financials provide a different risk profile than holding crypto directly.
Diversified Crypto Exposure: Gain exposure to exchanges, infrastructure, mining, and corporate adoption trends.
Revenue-Generating Businesses: Unlike holding Bitcoin, these companies generate revenue from trading fees, yield on reserves, and mining operations.
#
Risk Profile
Very High Risk: These stocks exhibit extreme volatility, often exceeding Bitcoin itself. MicroStrategy acts as leveraged Bitcoin exposure. Suitable only for investors with very high risk tolerance who understand crypto market dynamics.
#
Stock Vault Rebalancing Flows
---
config:
theme: neutral
---
sequenceDiagram
participant Alpha as Alpha Bot
participant Vault as Plasma Vault
participant Pyth as Pyth Oracle
participant Raindex
participant Tokens as Wrapped ST0x
Note over Alpha: Monthly or threshold-based rebalance
Alpha->>Vault: get current token balances
Alpha->>Pyth: get all token prices
Alpha->>Alpha: calculate current weights
Alpha->>Alpha: compare to target weights
loop For each token needing adjustment
alt Token overweight
Alpha->>Vault: withdraw wrapped token
Alpha->>Vault: swap token to USDC
Vault->>Raindex: takeOrder sell
else Token underweight
Alpha->>Vault: swap USDC to token
Vault->>Raindex: takeOrder buy
Alpha->>Vault: deposit wrapped token
end
end
Alpha->>Vault: verify final weights
Alpha->>Alpha: log rebalance complete
#
Stock Corporate Action Handling
---
config:
theme: neutral
---
flowchart TB
subgraph Monitoring[Corporate Action Monitor]
CA[Check Corporate Action ID]
Oracle[Compare Token vs Oracle CA ID]
end
subgraph Actions[Response Actions]
Pause[Pause Trading]
Wait[Wait for Sync]
Resume[Resume Normal Ops]
end
subgraph Types[Corporate Action Types]
Split[Stock Split<br/>Wrapped token adjusts automatically]
Dividend[Dividend<br/>Reinvested in wrapped token]
Merger[Merger/Spinoff<br/>Manual intervention]
end
CA --> Oracle
Oracle -->|Mismatch| Pause
Oracle -->|Match| Resume
Pause --> Wait
Wait -->|Synced| Resume
Types --> CA