Participant liability
77.102765958758019373VVV · exact principalCustody / Base / finalized evidence
Every unit,
accounted for.
Participant principal is matched against assets controlled for redemption—not against a rounded balance or a token price.
Nominal backing
77.102765958758019373VVV-equivalent · controlledUnallocated surplus
0VVV · explained and monitoredBacking register
Where principal sits
Each state has a different path back to liquid VVV. DIEM is an unlock requirement, not principal backing.
Coverage
Three lenses, one liability
Nominal measures quantity. Redemption-ready tests whether every prerequisite is controlled. Immediate counts what can move now.
77.102765958758019373 VVV-equivalent
77.102765958758019373 VVV-equivalent
45.665781632975912662 VVV-equivalent
Reconciliation
Known is not the same as resolved.
Explained drift has a classified chain event. Unexplained drift has neither evidence nor an approved accounting treatment.
- Explained drift
- 0 VVV
- Unexplained drift
- 0 VVV
- Evidence as of
- Oct 2, 2026, 6:31 PM UTC
Open incidents
The record stays open until the condition changes.
Custody reconciliation detected a chain event that requires operator classification.
Opened Sep 9, 2026, 7:31 PM UTC · updated Oct 2, 2026, 6:31 PM UTCMethod
Chain logs create the obligation.
Liability. Finalized VVV transfers into approved custody are recorded by chain ID, transaction hash, and log index in integer token units.
Backing. Raw VVV counts immediately. Unlocked sVVV counts nominally and as redemption-ready, but not immediately. DIEM-backed sVVV counts as redemption-ready only when its matching burn requirement is controlled.
Drift. An outbound asset movement never reduces participant liability without primary evidence assigning it to a participant return.