VaultChain — Public Testnet Receipts

Network

Network

Base Sepolia

Chain ID

84532

Contracts

$VLT — Testnet Token

⚠️ Testnet token — explicitly worthless, not for sale. Burns use a fixed nominal rate of 1 VLT per 1 USDC of burn-share fees: a disclosed constant, not a market price.

Hard Cap

100,000,000 VLT

Total Burned

0.324 VLT

Total burned = hard cap minus $VLT's live on-chain totalSupply() — a chain-derived fact, never a database number. The figure above reflects the two burns below; check totalSupply() on BaseScan directly for the current live figure.

The burn-share fee itself is USDC, not VLT — VaultChain doesn't control USDC's contract and can't destroy its supply. That USDC is instead permanently stranded in FeeRouter with no withdraw path, ever. It is never itself called "burned" — the real destruction event is the VLT burn it triggers, shown below.

Burns are triggered by relaying USDC into the fee router — normally that's the protocol's own fee share arriving from real vault activity, but the relay is permissionless by design: anyone can send USDC to the router and trigger a burn themselves. Total VLT burned may exceed the protocol's own fee-derived share at any given moment. That's not a bug — it's the point: nothing here is simulated, and anyone can independently verify or contribute to it.

Live Burns