Liquid Royalty API

Liquid Royalty is a vault protocol on Berachain implementing a tiered vault architecture with profit spillover and cascading backstop mechanisms.

The protocol features several vault types:

  • Senior vault: Primary yield-generating vault

  • Junior vault: Receives 80% of Senior’s excess profits (spillover) and provides secondary backstop protection

  • ALAR SailOut Royalty vault: Uses USDe as the underlying asset

Key features:

  • Profit spillover mechanism from Senior to Junior vault

  • Cascading backstop architecture

  • Non-rebasing ERC-4626 share tokens

  • 7-day cooldown period for penalty-free withdrawals

  • 20% penalty for early withdrawals without cooldown

  • 1% base withdrawal fee on Junior vault