How your money is protected

This page is the heart of these docs. We'll make specific claims, and for every claim we'll show you how to check it yourself, because trust that can't be verified is just marketing.

Claim 1: No one can take your money.

When you deposit, your money goes into a vault: a contract on the blockchain. The vault's code contains no function that transfers assets to Velor, to a strategist, or to an AI agent. Not a restricted function. Not an admin function. The function does not exist. The only ways value leaves a vault: trades through approved venues (that must return the proceeds to the vault), your own withdrawals, and the strategist's disclosed fee.

Verify it: every vault's code is public and identical, linked from its basket page. This property is a primary target of our independent audit, whose full report will be published here before deposits open.

Claim 2: Markets can lose you money; people can't.

A basket holds stocks. Stocks go down as well as up. A strategist can make bad calls, and an AI can propose bad allocations; that is real risk, and we display it prominently on every basket. But bad intent is bounded: every trade a basket makes is checked against an independent market price, and the total amount a basket can lose to bad execution is capped per day. Beyond that cap, the basket freezes automatically and the case is investigated.

Claim 3: Your exit is always open.

Every vault has a withdrawal path that needs no permission, no working website, and no price feed: you can always redeem your share of the basket as the stocks themselves, delivered to your own wallet. This function cannot be paused by a strategist, ever, and can only be delayed by Velor's emergency guardian for a maximum of 72 hours during an active security incident, after which it unlocks automatically no matter what.

Claim 4: What you see is what's enforced.

The policy card on every basket page ("This basket CAN… CANNOT…") isn't copywriting. Each line is read live from the vault's onchain configuration. If the card says the basket can't use leverage, that's because the code will reject a leveraged position, not because someone promised.

What we can't protect you from (honesty requires this list too):

• Market losses. Stocks fall. Diversification softens this; nothing eliminates it.
• Issuer risk. The tokenized stocks are issued by a Robinhood-affiliated entity and carry that issuer's credit risk. See Risks, honestly.
• Smart-contract risk. Code can have bugs. We mitigate with audits, a bug bounty, and deliberately simple contracts, but the risk is never zero.
• Blockchain risk. If Robinhood Chain itself halts, everything on it pauses, including us. Your in-kind exit resumes when the chain does.