Nothing is pooled somewhere you cannot see. Every address below is live on Stellar testnet.
Live. Vault figures are read directly from the contracts on Stellar testnet.
Hover a segment to see what it is.
0.00 XLM
Lent to borrowers who post collateral and pay interest. Nebula supplies without using the position as collateral and never borrows, so it carries no health factor and cannot be liquidated.
CATKCA…2FI5DU0.00 XLM
Held back on purpose so ordinary withdrawals are instant and never have to unwind a lending position. Target is 10% of total assets.
CDONRB…LBHMQXtotal assets = idle reserve + everything deployed
The vault asserts this after every deposit, redemption, allocation and harvest. Total assets is tracked in contract state rather than read from a token balance, which is what makes the classic first-depositor attack impossible here: XLM donated directly to the vault address never enters the accounting, so it cannot move the share price.
0.0001 = 0.0000 + 0.0001