🧠 Core Concept

Core Concept

MALGIST is built on two core ideas: a Universal Vault and adapter-based execution. Together, they abstract DeFi complexity while keeping execution transparent and non-custodial.

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1. Universal Vault

The Universal Vault is the primary interface for user capital in MALGIST.

Instead of depositing funds into many protocol-specific vaults, users deposit into a single vault structure that:

• Holds user funds non-custodially

• Executes predefined strategy logic

• Routes capital across multiple protocols when needed

The vault itself does not make decisions. It only follows explicit strategy instructions defined at execution time.

This separation ensures:

• Clear ownership of funds

• Predictable behavior

• Reduced operational risk

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2. Adapter-Based Execution

MALGIST interacts with external DeFi protocols through adapters.

Each adapter:

• Encapsulates protocol-specific logic

• Exposes a standardized execution interface

• Limits protocol risk to a single integration layer

This design allows:

• Easy addition of new protocols

• Safer upgrades without affecting core logic

• Consistent execution behavior across different protocols

Adapters act as connectors, not controllers.

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3. Strategy as Structured Logic

In MALGIST, a strategy is not a black box.

A strategy is defined as:

• A sequence of adapter calls

• With explicit parameters and constraints

• Executed by the Universal Vault

This makes strategies:

• Inspectable

• Comparable

• Repeatable

Users choose strategies based on logic and risk profile, not marketing claims.

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4. Clear Separation of Responsibilities

MALGIST enforces strict boundaries:

• Vault → holds and routes capital

• Strategy → defines execution logic

• Adapter → interacts with protocols

This modularity reduces system risk and improves maintainability.

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In Summary

MALGIST simplifies DeFi by:

• Centralizing capital management through a Universal Vault

• Abstracting protocol complexity via adapters

• Making strategy logic explicit and transparent

All without sacrificing user control.

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👉 Next: User Flow — how users interact with these components step by step.