Smart-contract / protocol
Smart-contract / protocol
Vault and token contracts move and account for Bitcoin on-chain. A vulnerability or exploit in those contracts could impair or freeze deposited funds. Contracts are independently audited before capital moves, and each vault runs in its own environment, so contract exposure is isolated strategy by strategy. See Audits.
Counterparty
Counterparty
Vault strategies extend credit to external counterparties — primarily vetted Bitcoin miners. A borrower that fails to repay, or a counterparty that fails to perform, can impair yield or principal. Each borrower’s business documentation is reviewed and shared with prospective lenders before credit is extended, exposure is spread across multiple borrowers and vault strategies, and loans are first-lien with no rehypothecation of collateral.
Maestro Institutional is operated by Go Maestro Inc. and is intended for accredited investors
and qualified allocators only. Access is permissioned and subject to eligibility verification,
with KYC required where a vault’s terms specify; it is not directed at retail investors. Bitcoin and
Bitcoin-denominated yield products carry material market, counterparty, regulatory, and
technology risks. Yield figures are net of fees and BTC-denominated; past performance
is not indicative of future results. Custody options vary by vault and strategy; depending on
the vault, investors deposit directly into vault contracts or through a qualified custodian
(Anchorage Digital).