Frontier Vaults

Frontier vaults seek to maximize depositor yield by underwriting materially higher levels of market, liquidity, valuation, and operational risk. These vaults are intended for users willing to accept a higher probability of volatility, impaired liquidations, and valuation uncertainty in exchange for superior return potential.

• Asset Selection: Blue-chip, mid-cap, and emerging collateral assets, including more speculative or less-proven markets with greater upside and materially higher embedded risk.

• Liquidity Profile: Lower liquidity collateral assets, which increases liquidation complexity and the probability of slippage-driven insolvency during stress events.

• Timelock Policy (v2): Frontier vaults share the same per-selector timelock schedule as Balanced vaults. A 3-day timelock governs adapter and allocation cap changes; setForceDeallocatePenalty carries an approximately 1-hour timelock (~0.05 days), enabling rapid risk parameter adjustment in volatile markets.

Selectors	Frontier (days)
setReceiveSharesGate, setSendSharesGate, setReceiveAssetsGate	Abdicate
setSendAssetsGate, setAdapterRegistry, increaseTimelock, abdicateTimelock, removeAdapter	7
addAdapter, increaseRelativeCap, increaseAbsoluteCap	3
setForceDeallocatePenalty	~0.05 (~1 hr)
setPerformanceFee, setManagementFee	1
setIsAllocator, setPerformanceFeeRecipient, setManagementFeeRecipient	0

• Oracle Risk Considerations: Frontier vaults may rely on NAV-based, hardcoded, or otherwise specialized oracle constructions where spot-market liquidity is insufficient or where observable onchain prices are especially vulnerable to manipulation. These oracle designs may be necessary in frontier markets, but they increase the importance of valuation methodology, monitoring, and conservative parameterization.

• Yield Expectation: Highest APY among the vault categories, compensating depositors for materially elevated market and insolvency risk.