RWA tokenizationIllustrative dataVerified · bond posted

Vaultric

Tokenized short-term credit backed by invoice financing pools.

Last updated Oct 1, 2026

NOTR verdict

Ready

Saying ready: Voters 77% · Open poll 75%

Illustrative data. Vaultric is a fictional example project for demonstration purposes only.

Not investment advice. NOTR publishes public data, analysis, and risk signals — never a recommendation to buy, sell, or hold.

Market cap: $96M
30d volume: $3.4M
Holders: 4.2K
Launch date: Feb 10, 2025
Chain: Ledgerline Chain

NOTR verdict · Should this project launch?

Ready to launch

Majority

Verified voters who staked their reputation say this project is ready.

At launch, the verdict is written by the NOTR team on public facts. As verified analysts join and earn rating for right calls, their weighted votes take over.

Verified voters4 of 5 say ready

Ready 77%Not yet 23%No 0%

Open poll415 votes

75% say ready. Anyone can join this poll, but it is not verified and never changes the verdict.

Cast your vote

Evidence checklist: 6 of 8 checks met (what analysts start from, not the verdict)

Is it safe?

Passed all checks

No hard check failed. Soft checks are shown as warnings.

Entry checks →

Is the price and structure fair?

No attention marks

None of the price and structure checks was triggered.

Price & structure →

Does it keep its word?

4 of 5 promises met

None missed. Reply to our questions: answered.

Promise ledger →

Step 0 · Entry

Entry checks

Automatic checks of what can be verified from public data, run before anyone votes.

Contract source verifiedDecides entry
Source verified.
Pass
No hidden mint or admin keysDecides entry
Pool admin rights are held by a regulated custodian and published.
Pass
Token can be soldDecides entry
Transfers follow the documented allow-list rules.
Pass
Official links match the contractDecides entry
Registration details and contracts match.
Pass
Audit publishedShown as a warning
Outside audit published.
Pass
Team can be identifiedShown as a warning
Leadership has verifiable careers in credit markets.
Pass
Supply and vesting are publicShown as a warning
Reserves itemized pool by pool.
Pass

These checks run automatically on public data, before any review is written. A failed hard check keeps a project off the main list. Warnings stay visible, and the verdict weighs how much they matter.

Voters

Who voted, and what they staked

Every voter is a verified person with a public rating. Each puts reputation on the line with their call, and their reasons are public.

Julian WeissMember · 1,420
Legal and compliance · 11 of 13 past calls right
160 REP stakedReady
Regulated entity with securities counsel on staff and clear legal documents.
Noor HaddadAnalyst · 1,870
Treasury and finance · 15 of 18 past calls right
150 REP stakedReady
Reserves are itemized pool by pool, so anyone can check them against onchain data.
Rina TakahashiAnalyst · 1,650
Onchain forensics · 14 of 19 past calls right
150 REP stakedNot yet
The onchain history of the pools is still short, so real behavior is unproven.
Sara QuinteroAnalyst · 2,310
Team background checks · 19 of 26 past calls right
100 REP stakedReady
Leadership comes from traditional credit markets and has verifiable careers.
Ada LindgrenAnalyst · 2,140
Smart-contract security · 17 of 20 past calls right
90 REP stakedReady
The contracts were audited by an outside firm and the report is public.

How votes are counted

Every voter is a passport-verified person with a public nickname and a rating (REP).
To vote, a person stakes part of their REP on the call. Nobody votes for free.
When the facts come in (promises kept or broken), people who were right gain REP, and those who were wrong lose what they staked.
The more REP staked, the more the vote weighs. All Newcomers together count for at most 25% of the total, so a crowd of new accounts cannot decide a verdict.

Concept with invented analysts and numbers. The exact rules need design and legal review.

Your vote

Should this project launch?

Verified people vote. Every vote needs a written reason and a staked rating, and stays sealed until the window closes.

Preview, votes are not saved

Is Vaultric ready to launch?

Only passport-verified people can vote, one account per person. You start as a Newcomer with 100 rating. Newcomers together carry at most 25% of the total weight, and your weight grows as your calls turn out right.

1. Your vote

2. Why? Required.

Write at least 60 more characters.0 / 60

3. Reputation you stake: 50 REP

Your rating is 100, so you can stake at most 50 REP, half of it. If the facts prove you right you gain 60% of the stake. If you are wrong the stake is burned. A higher rating means a bigger possible stake and a heavier vote.

4. I do not hold this project's token and have no link to its team.Hidden conflicts found later mean a ban and loss of rating.

No reason, no vote. At least 60 characters, so a bare “yes” or “no” is not accepted. Votes stay sealed until the window closes.

Open poll

What readers wrote

Anyone can comment and join the open poll. It is not verified and does not change the verdict.

fixedincome_fanCommunity · Sep 26, 2026
Appreciate that the attestations are consistent month over month.
0xCreditCuriousCommunity · Sep 14, 2026
Yield has been steady, no surprises so far.
duediligence_danCommunity · Aug 30, 2026
Would like to see smaller ticket sizes to broaden the holder base.

Attention marks

No attention marks on price and structure. That is not a prediction, only that none of the checks below was triggered.

Marks point at structures that have hurt buyers before. They do not remove a project from the list, they are not a forecast, and they never replace the verdict. How each mark was tested

The price

Opening valuation (FDV)

$300M

Last private round

$120M

Series A, Oct 2024

Jump over the last round

2.5x

Valuation / yearly revenue

48x

Revenue $6.2M a year

The supply

Trading at launch

20%

Share of total supply

Unlocks in next 12 months

Share of total supply

The full unlock calendar, in dates and amounts, is on the Onchain & whales tab.

Who paid what

Group	Share of supply	Paid vs opening price	Lock-up
Public buyers	20%	1x	None
Investors	18%	0.35x	12-month cliff, then monthly over 24 months
Team and advisers	15%	–	12-month cliff, 36-month vesting

A group that paid 0.2x of the opening price is sitting on a five-fold gain from day one. That is not wrong in itself, but buyers should know it and know when that group can sell.

What similar launches did

Launches with an opening valuation over $300M

20 launches · 80% below first-day price · median −57%

Launches with 15–25% of supply trading on day one

32 launches · 72% below first-day price · median −54%

From our backtest of real launches, as context for Vaultric and never as a forecast. Explore the data

Who is behind it

About Vaultric

What it does, who runs it, and where to reach them.

Vaultric turns short-term business invoices into tokens that investors can hold for a fixed yield. Every pool is backed by invoices a credit team has reviewed. Leadership comes from traditional credit.

Ticker: VLT
Founded: 2024
Legal entity: Vaultric Finance S.A.
Jurisdiction: Luxembourg (S.A.)

Team

Élodie FontaineIdentity verified
Founder, CEO
15 years in trade finance at a European bank.
Marcus AdeyemiIdentity verified
Chief Credit Officer
Former head of underwriting at an invoice-finance lender.
Katarzyna WolakIdentity verified
General Counsel
Securities and tokenization lawyer; bar-registered.

Placeholder contacts for a fictional project. Real pages will link to the project's own, checked accounts.

Market

Market cap

Weekly, illustrative market cap over the trailing 6 months.

Market cap

$96M+2.0%

Promise ledger

What the project promised, and what happened

Dated, measurable promises published by the project. When the date passes, the facts decide who was right, and ratings change.

Launch invoice-financing pool v1
DoneFeb 10, 2025
Shipped with the first 12 months of underlying loan documentation disclosed.
First monthly reserve attestation
DoneMar 10, 2025
Published on schedule by a named third-party auditor.
Second audit of core vault contracts
DoneOct 1, 2025
No findings above low severity.
Expand to a second asset class (trade receivables)
DoneJul 1, 2026
Reached $18M in receivables pool inflows within the first quarter.
Publish annual compliance review
In progressDec 1, 2026
Auditor engaged; review is due by year end.

Voting history

How past polls ended

Vaultric has 3 closed polls on whether a specific, measurable milestone was met. 2 of 3 ended as “Met”. Each result is shown next to what the public record says, so you can see when the crowd and the facts agree.

Share of votes saying “Met”, by poll (oldest to newest)

90%

Did Vaultric publish its monthly attestation for August?
Met
Met 90%Unsure 6%Not met 4%510 votes · closed Sep 14, 2026
Public record: Attestation published on time.
Was a second auditor engaged by the end of Q3?
Split
Met 31%Unsure 27%Not met 42%480 votes · closed Sep 1, 2026
Public record: An auditor was named after the vote closed.
Did the compliance review start on schedule?
Met
Met 74%Unsure 16%Not met 11%380 votes · closed Jun 5, 2026
Public record: Review began on the stated date.

Illustrative preview. Voting is not open yet. Votes are weighted by each voter's track record, and they never change the evidence checklist. It changes only when public data changes.

Right of reply · Responded

Vaultric reviewed a draft of this page and confirmed all figures as of its latest monthly attestation.

NOTR analysis

Our written breakdown

Green and red flags identified from the public record, with what would change the picture.

Green flags

Monthly reserve attestations have been published for 7 consecutive months by a named auditor.
Source: Auditor attestation
SPV structure and jurisdiction are disclosed with underlying loan documentation.
Source: Legal filings
Leadership has a verifiable background in traditional credit markets.
Source: Project website
No speculative token — yield is paid directly in the pool's stablecoin.
Source: Onchain explorer

Red flags

Pool inflows are driven by a relatively small number of large holders.
Source: Onchain explorer

What would improve the checks

Broaden the holder base with smaller minimum ticket sizes.
Publish the annual compliance review once complete.
Add a second independent auditor for cross-verification.

Checklist

Evidence checklist

The 8 things NOTR checks in public data. Each one is marked met, partly met or not met. There is no total number, because a total would hide which check failed. Analysts start from this list. It supports their vote, it does not replace it.

Onchain activity

Transaction volume, active wallets, and contract usage trends over the last 90 days.

Partly met

Pool inflows are steady but driven by a small number of large holders.

Source: Onchain explorer

Team verified

Whether core contributors have confirmed, cross-checked identities and a track record.

Met

Leadership has a verifiable background in traditional credit markets.

Source: Project website

Code audit

Coverage and severity of findings from independent smart-contract audits.

Met

Core vault contracts audited twice; periphery contracts audited once.

Source: Auditor attestation

Tokenomics and unlocks

How concentrated supply is and whether the vesting schedule is public and being followed.

Partly met

No speculative token; yield is paid directly in the pool's stablecoin.

Source: Onchain explorer

Kept past promises

Share of publicly committed roadmap milestones the team actually delivered on time.

Met

Reporting cadence has held for 5 consecutive quarters.

Source: Project website

Treasury transparency

Whether treasury wallets are disclosed and spending is reported on a regular cadence.

Met

Monthly attestations published alongside a named auditor of record.

Source: Auditor attestation

Legal structure

Existence of a named legal entity, jurisdiction, and terms covering the token or product.

Met

SPV structure disclosed with jurisdiction and underlying loan documentation.

Source: Legal filings

Manipulation signals

Wash-trading, coordinated social activity, and other red flags detected in market data.

Met

Low secondary-market volume limits the surface for manipulation.

Source: Onchain explorer

Met: clear public evidence. Partly met: some evidence, with gaps. Not met: the evidence is missing or points the other way.

Sources

Project website
Reviewed pool documentation and monthly attestation reports.
Legal filings
SPV formation documents referenced in the project's disclosures.
Onchain explorer
Pool inflows and redemption flows traced over 12 months.
Auditor attestation
Monthly reserve attestation from a named third-party auditor.

Market cap: $96M
Circulating supply: 93.2M VLT
30d volume: $3.4M
30d volume / market cap: 4%
Liquidity depth: $2.8M
Tightest spread: 37 bps

Market cap

Weekly, illustrative market cap over the trailing 6 months.

Market cap

$96M+2.0%

Where it trades

Northgate carries 30.3% of 24h volume. Wide spreads and thin depth on a venue mean the volume there is easier to move.

Venue	Type	Pair	24h volume	Share	Spread	Depth ±2%
Northgate	CEX	VLT/USDT	$34.3K	30.3%	37 bps	$424K
Harborex	CEX	VLT/USDT	$34.1K	30.1%	48 bps	$422K
Cobalt Exchange	CEX	VLT/USDT	$22K	19.4%	48 bps	$272K
Tidepool	DEX	VLT/USDT	$11.6K	10.2%	51 bps	$143K
Lanternswap	DEX	VLT/USDT	$11.3K	10%	50 bps	$140K

Venues are fictional examples. Real project pages will list actual exchanges with data from public market APIs.

Supply and unlocks

Cumulative share of total supply unlocked over time.

20%

Feb 25

Initial pool seeding

30%

Aug 25

Reserve top-up

40%

Feb 26

Reserve top-up

48%

Aug 26

Reserve top-up

56%

Feb 27

Reserve top-up

Already unlockedScheduled

Weekly active wallets

2K+44.5%

Weekly onchain volume

$8M+28.9%

Top 10 holders

Addresses are fictional. On real pages every labeled wallet links to a chain explorer.

#	Wallet	Label	% of supply	30d change
1	QTpe…HRLG	Foundation treasury	9.1%	-9.9%
2	dwWC…zo7S	Team vesting contract	7.2%	+4.3%
3	xeqZ…usY6	Exchange cold wallet	5.6%	+3.5%
4	Fj6j…7Zuc	Investor wallet A	4.5%	+1.9%
5	eumj…ahj7	Market-maker wallet	3.7%	-4.2%
6	svXu…PWRb	Investor wallet B	3.1%	-4.8%
7	LCxh…uHwz	Ecosystem fund	2.5%	+4.6%
8	LNRV…yeuF	Unlabeled wallet	2.1%	+4.5%
9	tW9W…biRi	Unlabeled wallet	1.7%	+9.1%
10	wRhL…2QpZ	Unlabeled wallet	1.4%	+10.4%

Holder concentration

41%held by the top 10 wallets — moderate concentration

Top 10 holdersEveryone else

Liquidity depth

$2.8M

Treasury runway

42 months

Recent large transactions

Wallet	Type	Value	Date	Note
9wXy…6Fq3	Buy	$412K	Sep 30	Institutional wallet
4jNc…8Dp1	Transfer	$258K	Sep 24	Pool → redemption
7tHs…2Bk5	Buy	$185K	Sep 18	Unlabeled wallet
2qYw…9Lm4	Transfer	$330K	Sep 10	Treasury → reserve wallet
5vRe…1Ct8	Buy	$92.7K	Sep 2	Unlabeled wallet

Illustrative data. Vaultric is a fictional example project for demonstration purposes only.

Not investment advice. NOTR publishes public data, analysis, and risk signals — never a recommendation to buy, sell, or hold.

How it works

Is it safe?

Is the price and structure fair?

Does it keep its word?

Then one verdict

Vaultric

Ready to launch

Entry checks

Who voted, and what they staked

How votes are counted

Should this project launch?

Is Vaultric ready to launch?

What readers wrote

About Vaultric

Team

Links and contacts

Market cap

What the project promised, and what happened

Launch invoice-financing pool v1

First monthly reserve attestation

Second audit of core vault contracts

Expand to a second asset class (trade receivables)

Publish annual compliance review

How past polls ended

Our written breakdown

Green flags

Red flags

What would improve the checks

Evidence checklist

Sources

Market cap

Where it trades

Supply and unlocks

Top 10 holders

Holder concentration

Recent large transactions

AI analyst