User Types

Descriptions of the main user types on L4VA and the types of actions that can be taken based on your the Vault settings, users' wallets, and/or holdings.

Vault Creation Users

Vault Launch Participation: There are three types of participants in a Vault launch: (1) Creators, (2) Contributors, and (3) Investors.

1. Creators: Participate by creating the vault, locking the VLRM, and customizing the settings of the vault (e.g. asset types / policy IDs accepted, etc.)

2. Contributors: Participate by sending assets to the Vault, to receive proceeds in the form of ADA and /or FT from the tokenization, depending on the settings of the vault.

3. Investors: Participate by sending ADA to the Vault, to receive FTs representing some fractional rights to the assets in the corresponding Vault.

Governance Users

1. Governance Users: These users are users who hold FTs for a given Vault, which allows them to create and/or vote on governance proposals related to specific Vaults on the L4VA Protocol. One can be a Governance user and also a Vault Creation user, but they could also be a user who purchased FT on secondary markets from a DEX.

Public Users

1. Public Users: Other users are able to visit the L4VA protocol site to learn about vaults representing FTs that may be trading on the market, as well as trade the tokens directly from the L4VA protocol web app.