Smart Contract Architecture

• How the vault contract receives, holds, and manages deposits

Vault token minting mechanics (ERC-20 standard)

• Minting process

• Initial vault token price

• Token price appreciation with yield

• ERC-20 compliance

How yield accrues and compounds on-chain

• Continuous accrual mechanism

• Compounding mechanics

• On-chain verification

Withdrawal execution and settlement

• Withdrawal request initiation

• Settlement process

• Liquidity management for withdrawals

• Settlement confirmation

Contract addresses (Ethereum mainnet)

• [Contract addresses to be added for:]

Security Audits

• 5.2.1 Sherlock audit report (link, scope, findings)

Audit findings and resolutions

• [Detailed list of findings with resolutions to be added]

• For each finding:

OpenZeppelin contract usage and track record

• OpenZeppelin ERC-20 implementation

• Cosmos SDK module standards (Provenance)

• OpenZeppelin track record

Ongoing security practices

• Regular security monitoring

• Update and patch procedures

• Emergency procedures

Proof of Reserves

How to verify vault balances on Etherscan (step-by-step)

• Step 1: Navigate to the vault contract on Etherscan

• Step 2: Check the contract's asset holdings

• Step 3: Calculate vault assets

• Step 4: Find total vault token supply

• Step 5: Calculate vault token price

• Step 6: Verify on your own

nuYLDS verification path

• Key holdings to verify

• Checking YLDS holdings

• YLDS price sources

nuHELOC verification path

• Key holdings to verify

• Checking HELOC loan holdings

• HELOC loan valuation

• This information should be available from Figure or in the vault documentation.

Live proof of reserves dashboard

• [Link to real-time proof of reserves dashboard to be added]

• The dashboard displays:

• Dashboard metrics

• The dashboard includes:

• Verification in the dashboard

• You can use the dashboard to:

Provenance Blockchain (Whitepaper) distinguishes itself from other chains through three foundational pillars:

1. Next-generation financial protocols & digitally native on-chain assets

• Innovative financial services: Provenance powers Figure and Figure Markets; groundbreaking on-chain protocols that provide lending, asset management, and a marketplace for the modern user. This includes DeFi-powered management of real-world assets, automated lending infrastructures, and a revolutionary cross-chain collateral protocol—allowing users to efficiently collateralize diverse assets (from real estate to crypto) for maximum capital efficiency.

• Robust ecosystem integration: Beyond the figure ecosystem, Provenance is validated by participation from diverse sell-side banks (e.g., Goldman Sachs, Jefferies), multiple bank fiat rail partners (e.g., UMB, Lead), and a wide range of buy-side firms (e.g., Apollo, Bayview, Marathon), with over 140 third parties leveraging Figure’s mortgage technology.

2. Enterprise-ready architecture

• Scalable, high-performance infrastructure: Built on a secure, proof-of-stake framework, Provenance delivers the high throughput and low fees critical for real-world financial operations. This infrastructure is engineered to support the rapid on-chain tokenization of real-world assets as the market scales.

• Interoperability & data control: Acting as a data validation chain rather than a golden dataset, Provenance empowers users with control over their information. It also supports interoperability—bridging to other Layer 1 blockchains via Axelar—and integrates enterprise features such as roles, entitlements, and decentralized MPC custody. Additionally, innovations like DART ensure instant UCC security perfection on-chain.

3. Best-in-class security & operational integrity

• Advanced custody & compliance: Provenance employs state-of-the-art security measures including decentralized multi-party computation (MPC) custody leveraging the Cosmos SDK, ensuring that assets are safeguarded at all times

• Regularity & institutional confidence: With established Figure Markets transfer agents, lending and servicing licenses, and alignment with local and global security standards, Provenance meets the rigorous demands of institutional clients. This robust security framework fosters trust and positions the network as the premier chain in the RWA space.