D · P · L · M · T
Opening the conference room
D
DPLMT
DIPLOMATIC CHANNEL
XGH
Cable 010Stake Vault

LOCK THE
DIPLOMAT.

The vault compounds. The diplomat does not.

Article I

$DPLMT  in.  dpDPLMT  out.

Lock $DPLMT and the vault mints you a share token, dpDPLMT. It is a standard Token-2022 mint, transferable, with a single redemption rate for everyone. The diplomat does not pick favourites.

Article II

The vault eats its own fees.

Every sealed cable contributes 0.05% to the buyback engine. The engine routes a share to the vault as revenue. Your dpDPLMT redeems for more $DPLMT than you put in.

Article III

7-day cooldown.

Requesting unstake burns your dpDPLMT immediately and opens a dated ticket. Seven days later, redeem the ticket for your share of the vault at the prevailing rate. No early exit.

Article IV

dpDPLMT is collateral.

dpDPLMT is a liquid staking token. Hold it, trade it, or post it as collateral in Kamino, MarginFi, or any Solana protocol that recognises Token-2022 mints.

Treaty Pending

Vault not yet ratified.

The Stake Vault program is undergoing ratification. The chamber will open shortly.

Watch the channel. @dplmt_fi will broadcast the ratification.
What you can do now
Protocol Notes
  • 01. The vault state is a Solana PDA. The mint authority is a separate PDA. The diplomat does not hold either key.
  • 02. Share-based redemption (JitoSOL pattern). One global rate. Rounding always favours the vault by less than 1 lamport.
  • 03. Token-2022 native: ATA derivation uses the Token-2022 program ID, not classic SPL Token.
  • 04. No emergency unstake. No admin withdrawal. The vault is the vault.