Custody / 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.

Current · finalized block 50122536

Participant liability

70.419846034094342373VVV · exact principal

Nominal backing

70.399846034094342373VVV-equivalent · controlled

Open shortfall

0.02VVV · explained and monitored

Backing register

Where principal sits

Each state has a different path back to liquid VVV. DIEM is an unlock requirement, not principal backing.

Liquid VVVVVV38.962861708312235662Immediate

Staked VVV · unlockedsVVV31.436984325782106711Redemption-ready

Coverage

Three lenses, one liability

Nominal measures quantity. Redemption-ready tests whether every prerequisite is controlled. Immediate counts what can move now.

01 / Nominal99.971598%

70.399846034094342373 VVV-equivalent

02 / Redemption-ready99.971598%

70.399846034094342373 VVV-equivalent

03 / Immediate55.329376%

38.962861708312235662 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: 0.02 VVV
Unexplained drift: 0 VVV
Evidence as of: Aug 18, 2026, 6:47 AM UTC

Open incidents

The record stays open until the condition changes.

P1CUSTODY-2026-001open

Custody backing is 0.02 VVV below aggregate participant principal. The difference is traced to two historical custody outflows and remains open until backing is restored or primary records support a liability discharge.

Opened Aug 7, 2026, 2:10 PM UTC · updated Aug 18, 2026, 6:47 AM UTC

Method

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.