OPEN PROTOCOL DESIGN · NO NEW PAYMENT RAIL REQUIRED
THE RELIABILITY GAP
THE MONEY MOVES. THE CERTAINTY DOESN’T.
Between settlement and delivery, accountability gets lost. Private agreements and support tickets can’t give a wallet a clear picture of its next payment.
INVISIBLE[01]
No shared view of performance.
Delivery speed varies by provider and corridor. Today, it’s hard to compare like for like.
UNBACKED[02]
Promises without a deposit.
Service terms often live in private agreements, without funds already set aside for a breach.
MANUAL[03]
A delay becomes a support ticket.
Chasing a partner is slow. Enforcing a small payment claim can cost more than the claim itself.
ANECDOTAL[04]
Reputation isn’t a routing signal.
Wallets need an observable delivery record, not a recommendation buried in a chat thread.
ONE PAYMENT. A COMPLETE ACCOUNT.60 MIN TARGET
[ 01 / 03 ]
A promise with something behind it.
PROVIDER → COMMITMENT
A payment provider chooses a standard delivery promise and locks USDC as a performance bond. The rules are public. The deposit stays put.
SCROLL TO FOLLOW THE PAYMENT ↓
SMALL ON-CHAIN FOOTPRINT
THREE CONTRACTS. ONE CLEAR ACCOUNTABILITY LOOP.
Keep the funds, the rules, and the record in separate places. Each layer does one job. The evidence connects them.
[01] / VAELTRIX_REGISTRY
The identity & the promise.
Providers, signing keys, and standard SLA templates.
[02] / VAELTRIX_BOND
The stake & the settlement.
Locked collateral, claims, challenges, and penalty payouts.
[03] / VAELTRIX_SCOREBOARD
The public track record.
Payment statistics and claim outcomes, ready to query.
ILLUSTRATIVE PAYMENT / US → NGUSDC
SENDERRECEIVER
1,000USDC
DELIVERY TARGET60 min + 2 min graceCOMPLETION75 minutes
SLA BREACH5 USDC proposed penaltySUBJECT TO CLAIM RESOLUTION
[01] / PAYMENT COVERAGE
THE PROMISE TRAVELS WITH THE PAYMENT.
A tagged payment points to a specific commitment. That means a known deadline, a known penalty, and a known source of funds.
Example uses the proposed fast bank payout template. A penalty goes to the sending client by default.