Members deposit USDC and receive AUR, representing proportional ownership of a treasury deployed across Soomario Strategies on Hyperliquid. Profits distribute weekly. The protocol's distinguishing feature is a continuous on-chain transparency layer that makes the operator's claims independently verifiable.
A fixed-proportion treasury, split between active trading capital and a permanent yield-bearing reserve in STRCx — a tokenization of Strategy Inc.'s perpetual preferred stock. The split is operationally enforced for v1 and will move into the smart contract in a future version after additional audit.
The contract that issues AUR against USDC deposits and burns AUR against redemptions. Freshly deployed for AUREUS with no shared state with any prior protocol. Pending state for one epoch prevents pre-distribution capture. Per-epoch NAV movement is rate-capped at the contract level.
Ten percent of every profitable epoch routes to a labeled wallet (0x9eC5…2678) until $350,000 is reached. At that point, a snapshot of NGET balances is taken and the Recovery Fund airdrops pro-rata. The mechanism is encoded; the threshold is automatic. The fund starts with a seeded balance of approximately $3,000 already at work.
Three contracts work together so the protocol's state is independently verifiable by Members at any time, without requiring trust in the operator's reporting.
Non-upgradable contract holding the verified reserve calculation. A hard layer reads USDC balances and the STRCx Chainlink feed directly. A soft layer carries keeper-reported Hyperliquid position state. Divergence between layers is publicly computable in real time.
A complete public audit trail of every trade executed by the protocol. Each entry includes a reference hash linking back to the corresponding Hyperliquid trade ID. Past entries cannot be modified — only new ones added.
The operator publishes NAV at each epoch close. The Forge enforces a maximum movement of 15% per epoch. Larger movements cannot be applied in a single transaction; they must be spaced across multiple epochs, each one visible.
NGET is the token of a prior protocol operated by the AUREUS team. The Recovery Fund honors that community as AUREUS grows.
Ten percent of every profitable epoch routes to a labeled wallet at 0x9eC5279bf6148a0f027B7329f694B0bd00302678. The fund participates in AUREUS strategies alongside other Member capital — it is not parked as idle USDC — which accelerates the recovery and reflects the operator's confidence in the new design.
The Recovery Fund does not start at zero. It carries a seeded starting balance of approximately $3,000 — residual capital from the prior Nugget Fund's October 2025 liquidation — currently active in Soomario Elite and Aphelion strategies. The exact starting balance at AUREUS launch will reflect those strategies' performance up to that point. The wallet address above can be queried at any time to verify current balance.
The labeled wallet is currently a single-key EOA, not a multi-signature wallet. The team may migrate the Recovery Fund to a multi-signature wallet once balance crosses a meaningful threshold; if so, the migration will be publicly announced and the new address communicated before the change takes effect.
When the fund reaches $350,000 in value, a snapshot of NGET token balances is taken at a specified Arbitrum block, and the Recovery Fund airdrops pro-rata to those addresses. After the airdrop completes, the 10% allocation redirects to the Team.
NGET and AUREUS are otherwise entirely separate protocols. AUR is a freshly deployed ERC-20 token with a new contract address, with no shared state or storage with the existing NGET token. There is no migration. Holders of NGET retain their NGET balances unchanged, and new AUREUS Members do not need to understand or interact with NGET in any way — the Recovery Fund operates entirely in the background from a new Member's perspective.
Mainnet launch is gated on completion of structured pre-launch security testing. The estimated path to first epoch:
The whitepaper covers all of the above plus the technical architecture, governance limits, full risk disclosures, and the strategy track record. It is the canonical reference.