ERC4626 vault for decentralized companies that allows shares management and fundraising
When we launch a degen project we generally use mult-sig wallets to organize our funds but they usually fail at representing the way an organization in our economic system works. We propose an alternative: DECOM, a vault where each founder holds shares in a pool of assets that mimics the functioning of a limited liability company without the burden of bureaucratic centralization Features:
The app is a customized implementation of a ERC4626 deployed on Ethereum that allows for the deposit of an asset (called MyToken in this case) and gives users a ERC20 back called "share". The share represents the percentage of ownership of all the assets owned by the vault. Shares can be bridged on Flow through LayerZero's OFT contract therefore can be used as collateral on different chains. We have deployed the OFT on Flow mainnet. The application shows the assets owned by the company and their value in USD in the "Balance Sheet" section using Blockscout APIs, there is also the Income Statement shown that reflects the decentralized earnings made by the organization since the last update. Among the assets we have also included a Binance proof-of-balance thanks to VLayer's webproof so that anybody can always check the assets owned by the organization off-chain. The "search" feature enables the research for other decentralized companies thanks to Blockscout making finding other projects easier!