Decentralized Vault Portfolios
Decentralized Vault Portfolios
The Decentralized Vault Portfolio (DVP) is the core protocol developed by PBG. It provides institutional-grade, onchain access to a diversified portfolio through a transparent, non-custodial and smart-contract-based architecture built on Cardano’s UTxO model.
The Decentralized Vault Portfolio (DVP) is the core protocol developed by PBG. It provides institutional-grade, onchain access to a diversified portfolio through a transparent, non-custodial and smart-contract-based architecture built on Cardano’s UTxO model.

How it Works
The DVP protocol operates through audited smart contracts on the Cardano blockchain, establishing a non‑custodial structure for managing tokenized portfolios.
Participants enter or exit by minting and burning the DVP token, which represents a proportional share of the underlying assets. Every movement is recorded on‑chain, ensuring real‑time transparency and removing third‑party risk.
Portfolio valuations are updated via PBG’s oracle framework, synchronizing on‑chain state with high‑fidelity market data across digital assets and RWAs.

How it Works
The DVP uses audited smart contracts on Cardano to enable non-custodial minting and burning of the token, which reflects a proportional share of the portfolio. All activity is recorded onchain with real-time transparency.
Valuations update through PBG’s oracle framework using verified market data.
UTxO model for maximum security
Uses Cardano’s extended UTxO model for predictable transaction flows and strong settlement guarantees.
Full onchain transparency
All operations are recorded onchain, enabling independent verification and continuous auditability.
Non-custodial institutional infrastructure
Assets remain under user control while execution runs through audited smart contracts built for institutional standards.
Tokenization of diverse assets
Supports multiple digital assets within a unified portfolio structure.
Transparent, onchain fees
Protocol fees are fully accounted for onchain to ensure clarity and traceability.
UTxO model for maximum security
Leverages Cardano’s extended UTxO model to achieve predictable transaction flows and strong settlement guarantees.
Full onchain transparency
Every asset transaction is recorded on-chain, giving users complete visibility and eliminating the need for third-party trust.
Non-custodial institutional infrastructure
Direct asset control remains with the holder; execution occurs through audited smart contracts designed for institutional standards.
Tokenization of diverse assets
Supports native cryptocurrencies and tokenized real‑world assets within a unified portfolio construct.
Transparent, onchain fees
Protocol fees are accounted for on‑chain to preserve clarity and traceability across all operations.
Non-custodial institutional infrastructure
Direct asset control remains with the holder; execution occurs through audited smart contracts designed for institutional standards.
UTxO model for maximum security
Leverages Cardano’s extended UTxO model to achieve predictable transaction flows and strong settlement guarantees.
Tokenization of diverse assets
Supports native cryptocurrencies and tokenized real‑world assets within a unified portfolio construct.
Full onchain transparency
Every asset transaction is recorded on-chain, giving users complete visibility and eliminating the need for third-party trust.
Transparent, onchain fees
Protocol fees are accounted for on‑chain to preserve clarity and traceability across all operations.
Benefits