Harmonix Protocol Diagrams

User deposits assets into AssetVault, receives share tokens via FundVault and ShareToken. Covers the full deposit lifecycle and state changes.

Curator moves assets between FundVault and strategies. Covers allocate, deallocate, strategy whitelisting, and cap enforcement.

Three-phase async redeem: requestRedeem, fulfillRedeem, withdraw. Includes PPS tracking and operator pre-steps.

NAV formula breakdown, updateNav flow, PPS deviation guard, syncNavValue on FundNavFeed, and fee harvesting mechanics.

Every privileged role, its actions, timelock status, risk level, and recommended multisig threshold. Includes timelock mechanism diagram.

Day-to-day vault management: allocate, deallocate, setStrategyCap, syncNavValue, updateNav, fulfillRedeem. Roles, guards, and operational checklist.

TimelockController-gated UUPS proxy upgrades with Safe multisig governance. Deploy → schedule → wait → execute. Role architecture and security properties.

Management and performance fee configuration, accrual math, harvest flow, and high-water-mark mechanics. Includes recommended sequencing with updateNav.

Action choreography: which calls move NAV between buckets, FundNav report timing, and snapshot refresh. Includes the allocate → report → updateNav timeline and a PPS dip-and-recovery walkthrough.