Assets
Multi-asset transfers
Native ETH, USDC, USDT and other curated ERC-20s.
Vektes is a neutral settlement primitive for final, scheduled, deduplicated payments on Ethereum — embedded by platforms, usable directly. Here's the full feature set.
The building blocks every Vektes payment is made of.
Native ETH, USDC, USDT and other curated ERC-20s.
Every transfer carries a per-recipient code; the contract rejects any reuse.
A zero settlement date delivers in the same transaction.
Hold funds on-chain until a future date — Net-30, payroll, milestones — no third party.
Once sent, a payment can't be cancelled, reversed, or redirected. No chargebacks.
The recipient can decline a pending transfer, auto-refunding the sender.
Fee tier set by monthly USD volume (Chainlink-priced); free under $10K/month.
Standard ERC-20s only; balance-delta accounting stays solvent against odd tokens.
New transfers can be paused (exits never trap funds); owned by a 2-of-3 Gnosis Safe.
Two adoption barriers fixed — the claim-UX and the "must hold $VEK to pay a fee" friction — plus new ways to pay.
After the date, anyone can push funds to the fixed recipient — no more "forgot to claim." Batch-release many at once.
The fee is taken in the asset you send (stablecoin/ETH), not $VEK. Accrued fees buy back and burn $VEK off-chain.
Owner-flagged assets skip the oracle and fee entirely — real in-app $VEK utility, zero oracle risk.
EIP-2612 permit: pay in a single signed action, no separate approval and no scary prompts.
The sender can bring a scheduled payment earlier (never later) — accelerate without breaking finality.
Send to a shareable link; the recipient claims to any wallet. Front-run-safe, with sender-reclaim if a link is lost.
Fund one pool under a link; many recipients each claim a fixed amount, once per wallet. No wallets collected upfront.
v2 launches with all tiers at 0 bps; fees + buy-and-burn stay dormant until switched on. $VEK, vesting & liquidity unchanged.
v1 (live): the fee is charged separately in $VEK — the recipient always receives 100% of the transfer. Half is burned, half goes to the treasury.
v2: the fee is taken in the asset being transferred, so users never need to hold $VEK. Fees accrue on-chain and are swept to the treasury; $VEK is then bought back and burned — the same value accrual, without the friction. Both keep the free tier under $10K/month.
Vektes deliberately omits arbitration, milestones/partial payments, streaming, identity/KYC, and refunds-on-non-delivery — these need trusted parties and belong at the platform layer (Alaru provides disputes, milestones, identity and fiat rails, settling final payments through Vektes). With an untrusted counterparty, bare Vektes is finality-only.
Deferred to a later v2.x: a mandatory claim-secret (hashlock 2FA) on every transfer, and a Timelock + pause-only Guardian governance layer.